3728 Prospect Road, Shad Bay NS B3T2B4 Canada

MOTIVATED SELLER! INVESTMENT OPPORTUNITY with SO MANY POSSIBILITIES! This EXTRA LARGE DUPLEX with 1.48 ACRES currently has 2 units RENTED at $2000 per month and tenants pay ALL utilities. This immense house also comes with a partially finished 812 sq. ft. of space, which with a little bit of work ...

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3728 Prospect Road
Shad Bay NS B3T2B4 Canada

5 Bed, 2.00 Bath (),

Listing ID 201801884

$295,000

3728 Prospect Road MOTIVATED SELLER! INVESTMENT OPPORTUNITY with SO MANY POSSIBILITIES! This EXTRA LARGE DUPLEX with 1.48 ACRES currently has 2 units RENTED at $2000 per month and tenants pay ALL utilities. This immense house also comes with a partially finished 812 sq. ft. of space, which with a little bit of work can offer a 3rd rental unit improving upon an already healthy Cap Rate. The unfinished area has been gyproced, wired & plumbed and it comes with a fireplace.Because of the RB2 zoning flexibility you may keep it as a 3 UNIT rental or a BED & BREAKFAST or as an OWNER-OCCUPIED home because the upstairs flat alone affords 1938 sq. ft. of living space with 4 bedrooms, huge kitchen, den, fireplace and CARPET FREE interior. The tenant downstairs enjoys a TOTALLY RENOVATED 2 bedrooms flat that helps with the mortgage.SINCE 2012 the following IMPROVEMENTS were completed; Roof shingles, State of the Art Cold Start Furnace with 5 zones, 2 Hot Water Tanks, Chimney, Electrical, Plumbing and 2 fibreglass oil tanks. The Ground Floor flat had the In-Floor heating, Vinyl Windows, Flooring, Bath and new Kitchen installed and updated with new appliances.This Gem sits on 1.48 ACRES that is nestled on a treed lot with 2 driveways that can park at least 10 cars and leave lots of lawn space for kids, pets even up to 50 chickens. This Real Estate offers Large Land & House, Great Cap Rate, Upgrades Galore & Multiple Investment Opportunities. If you like good deals then please come and view. ALL REASONABLE OFFERS WILL BE CONSIDERED. (id:203)

  • Facts
  • Property Type: Single Family
  • Property Sub-type: Freehold
  • Features
  • Exterior Finish: Vinyl
  • Floor Covering: Other
Listing Changed: 2/8/2018 5:54:50 PM GMT
MLS Updated: 2/18/2018 8:00:00 AM GMT

Courtesy of: ELIZABETH MARTIN, RE/MAX Nova

Listing Source - Canadian Real Estate Association

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