
Courtesy of: Tim Somerville, Salesperson, Royal LePage Atlantic
$400,000
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2,200 square feet
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Multi-family
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$400,000
298 Westmorland Road Welcome to 298 Westmorland Road! This Spacious 2-Family offers two full 3-bedroom units that can rent for $1, 500 a month unheated. This property is situated on over 1/3 of an acre, has a detached garage, private backyard, many updates and is ideal for owner occupancy. This property has electric heat, 6 bedrooms, 2 full bathrooms, a newly epoxied basement which is accessible from the first unit. Each Unit has washer and dryer hook ups, and the garage has a brand new roof and new door installed recently. This stunning property is close to many amenities, is on the bus route and is a solid investment building to consider! Approximate expenses: Taxes - $5, 675 (based on non-owner occupancy), Water/Sewer - $2, 856, Electricity - $415 and Insurance - $2, 500. Approximate Total Expenses: $11, 446. Approximate net income: $24, 554. (id:203)