Overview
Description
Discover a unique investment opportunity in this charming 3-unit property at 287 Main st, perfect for real estate investors or first-time home buyers looking to offset their mortgage with rental income. This versatile property features a spacious 4-bedroom main house, ideal for family living or as a lucrative rental. The lower level in-law suite offers additional living space or can be utilized as a separate rental unit, ensuring maximum income potential. With tons of paved parking to accommodate tenants, this corner lot is perfect for multiple vehicles. Step outside to find a quaint 1 bedroom backyard unit, presenting an excellent opportunity for additional rental income. This property was previously generating $7400/month between the rental spaces and garage. While it does require some TLC throughout the main house and backyard suite, this home's prime location on Main st in Dartmouth and multiple income-generating options make it a fantastic opportunity to create some sweat equity. Property can be fully vacant on closing, or the tenant in the backyard suite would be happy to stay for $1600/month, allowing you instant income right from Day 1. Don't miss your chance to invest in a property with endless possibilities for growth and income!
Contact us about this listing & It's History
Neighborhood Information
Dartmouth, NS
Dartmouth, affectionately known as the City of Lakes, is located in the eastern part of Nova Scotia, Canada. Situated on the eastern shore of Halifax Harbour, Dartmouth offers a blend of metropolitan life and the serenity of seaside living. The area is known for its picturesque lakes, parks, and the historic Downtown Dartmouth area which is a hub of arts, culture, and culinary delights. The city is also home to several major corporations and government offices, providing ample job opportunities for residents.
The city offers an excellent quality of life with a low cost of living compared to other major Canadian cities. However, one downside could be its relatively colder climate. But for those who enjoy winter sports, this can be an advantage. Dartmouth's events and festivals such as the Natal Day Festival and the Multicultural Festival, are major attractions which draw visitors from around the region.
73
Dartmouth is a charming city with a mix of urban and seaside living. With its job opportunities, cultural events, and scenic beauty, it's a highly desirable place to live. Its overall score is 73.
Search Nearby Activities80
The city has a strong educational infrastructure with excellent public and private schools. The school system offers a good student-teacher ratio and excellent extra-curricular activities, earning it a score of 80.
Search Nearby Schools75
Dartmouth offers a variety of entertainment options from cultural festivals to nightlife spots and gastronomic delights. Its entertainment score is 75.
Search Nearby Restaurants78
For outdoor enthusiasts, Dartmouth is a paradise with its many lakes, parks, and hiking trails. Moreover, its proximity to the sea offers a host of water-based activities. The city scores 78 in outdoor activities.
Walk Score - 52%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2024-12-12T16:07:32.6 |
| Off Market Date | 2024-12-19 |
| Status | SOLD |
| Price | $499,900.00 |
| Sold Price | $551,000.00 |
| Year Built | 1953 |
| Neighborhood | Halifax - Dartmouth |
| Location | Lat: 44.685947, Lng: -63.523365 |
| Bedrooms | 5 |
| Bathrooms (Full) | 3 |
| Bathrooms (Half) | 2 |
| Bathrooms (Total) | 5 |
| Square Feet | 2,767.00 |
| Lot Size | 7,150.00 7150 |
| Appliances | Stove,Dishwasher,Dryer,Washer,Refrigerator |
| Heating | Baseboard,Furnace |
| Water Source | Municipal |
| Sewer | Municipal |
| Interior Features | Secondary Suite |
| Roof | Asphalt Shingle |
| Flooring | Laminate,Vinyl,Vinyl Plank |
| Lot Features | Cleared |
| Community Features | Golf Course,Park,Playground,Public Transit,Recreation Center,Shopping,Beach |
| Association Fee | 0.00 |
| Listing Office Name | Exit Realty Metro |
| Listing Agent | Chantele Joordens |
| MLS® | 202428188 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.