
Courtesy of: Tim Somerville, Salesperson, Royal LePage Atlantic
$260,000
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2,600 square feet
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Multi-family
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$260,000
55-57 Loch Lomond Road Welcome to 5557 Loch Lomond Road! This spacious 2-family offers electric baseboard heat, 2 large 3-bedroom units, is in a high traffic area, on the bus route and is close to many amenities. This property is ideal for owner occupancy and has had some recent updates including the roof covering (2022) and electric heat. Rents are: Up $1, 200 (heat/lights included) Down $1, 300 (unheated) Total rental income: $30, 000 Approximate expenses are: Electricity $3, 614 Taxes $2, 960 Water/Sewer $2, 892 Insurance $1, 922 Approximate total expenses: $11, 388 Approximate net income: $18, 612 This solid 2-family is well worth a look! (id:203)