For Sale $219,900 95 Church Street, Springhill, NS Book Showing

Overview

Property Type Triplex

Description

Excellent Investment Opportunity in Springhill! Welcome to 95 Church Street, a multi-unit income property offering three self-contained rental units and strong income potential. Priced at $219,900, this property currently generates a total of $2,900 per month, or $34,800 annually in rental income. The property consists of a bachelor suite renting for $700/month with hydro included, a 2-bedroom unit renting for $1,000/month plus hydro, and a 3-bedroom unit renting for $1,200/month plus hydro and oil. Current reported operating expenses include approximately $2,000 annually in property taxes, $1,432 for water, and $3,600 for insurance, resulting in an estimated Net Operating Income (NOI) of $27,768 annually and a 12.63% cap rate based on the asking price. Surrounded by mature trees and offering off-street parking, the property provides an attractive opportunity for investors looking to add an income-producing property to their portfolio. Conveniently located in Springhill with access to local schools, shopping, services, and amenities. 95 Church Street offers an opportunity to acquire three rental units under one roof with established rental income. Book your viewing and explore the investment potential this property has to offer! (Financial information is based on figures provided by the seller and should be independently verified by the buyer.)

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Neighborhood Information

Springhill, NS

Springhill, Nova Scotia, is a charming town steeped in rich history and located in the heart of Nova Scotia, Canada. Known for its coal mining past, the town offers a unique blend of natural beauty and historical attractions. Home to the Anne Murray Centre, a popular tourist attraction that honors the town's most famous daughter, and the Springhill Miners' Museum, which offers a glimpse into the life of coal miners in the 19th and 20th centuries, the town is a haven for history buffs.

Living in Springhill gives residents a small-town feel with access to numerous outdoor activities including hiking, fishing, and bird watching, thanks to the town's proximity to the Cumberland Trails and the Trans Canada Trail. However, it's worth noting that job opportunities in the town are limited and residents often have to commute to larger cities for work.

City Score
65

Living in Springhill offers a combination of small-town charm and outdoor activities making it appealing to those who prefer a slower pace of life. However, the lack of job opportunities can be a disadvantage. Overall, Springhill scores 65 out of 100 for livability.

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School Score
60

The schools in Springhill, such as the Springhill Junior Senior High School, provide quality education but there's a lack of variety in terms of educational institutions. As such, the town scores a 60 out of 100 for its school system.

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Entertainment Score
55

Entertainment options in Springhill are mostly limited to outdoor activities and historical attractions. The Anne Murray Centre and the Springhill Miners' Museum are worth visiting. However, the town lacks a vibrant nightlife and extensive dining options, giving it a score of 55 for entertainment.

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Activity Score
75

Springhill shines when it comes to outdoor activities, thanks to its location near the Cumberland Trails and the Trans Canada Trail. It's a great spot for hiking, bird watching, and fishing, earning the town an outdoor activities score of 75.

Walk Score - 51%

About Your Relator®

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

Similar Properties

Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.

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Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.

Property Details

On Market Date2026-08-11T13:58:42
StatusACTIVE
Price$219,900.00
NeighborhoodNorthern Region
LocationLat: 45.644291, Lng: -64.056968
Square Feet0.00
Lot Size17,868.09
Parking FeaturesDriveway
AppliancesDryer,Washer
HeatingBaseboard,Furnace,Hot Water,Radiator
CoolingBaseboard,Furnace,Hot Water,Radiator
SewerMunicipal
RoofMetal
FlooringHardwood,Laminate
Lot Features17868.09
Community FeaturesGolf Course,Park,Playground,Recreation Center,Shopping,Place of Worship
Association Fee0.00
Listing Office Name333
Listing AgentLiza Lobo
Listing Agent Contactlizalobo@royallepage.ca
MLS®202620247
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
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.