
Triplex For Sale
$219,900
MLS® Number: 202613027
Land Size
0.157
Triplex For Sale
$219,900
Land Size
0.157
45 Mechanic Street, Springhill, Nova Scotia
About This Property
Excellent investment opportunity! This well-maintained triplex is ideally located within walking distance to schools, the hospital, downtown shopping, and other amenities. The property features low-maintenance vinyl siding, a gravel driveway with parking for three vehicles, and a new metal roof. Two of the three units have been recently renovated with new flooring, new carpet, updated lighting, and fresh cosmetic improvements, enhancing both tenant appeal and value. The building offers three self-contained units, including two one-bedroom apartments and one two-bedroom apartment. One unit is currently vacant, providing an excellent opportunity for a new owner to set market rent and maximize income potential. Units 1 and 2 are heated with electric baseboards, while Unit 3 is serviced by an oil furnace. A large unfinished storage area on the main floor offers potential for additional income, future development, or expansion of the existing living space, subject to municipal approvals. With recent upgrades, strong income potential, and a convenient location, this property is an excellent addition to any investment portfolio! Can also be purchased in conjunction with 42 Pleasant Street for an expanded investment opportunity!
Property Details
Interior Details
Appliances
Refrigerator, Stove
Basement
Unfinished, Full
Flooring
Laminate, Carpeted, Vinyl
Building & Exterior
Exterior Features
Vinyl
Foundation Details
Concrete Perimeter
Parking Features
Parking Space(s), Gravel
Land & Location
City Region
Springhill
Community Features
Recreational Facilities
Lot Size Area
0.1567 acres
Lot Size Dimensions
0.1567
Parcel Number
25235649
Postal Code
B0M1X0
Listing & Financials
Listing Office
Century 21 Trident Realty Ltd.
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Century 21 Trident Realty Ltd.
Mortgage Calculator
Estimated Monthly Payment
$1,080
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,080
Principal and interest only. Actual rates may vary.