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$ 295,000

3728 Prospect, Shad Bay, NS, B3T 2B4

Listing ID# 201723936
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$ 295,000

  • 3728 Prospect
    Shad Bay, NS B3T 2B4
  • Listing ID 201723936
  • Building Type: Duplex
  • Land Size: 64500 sq ft
  • Status: For Sale/Active
  • Days on Market: 25
  • Age of Building: 1980
  • Basements: Partially Developed
  • Drive: Double,Gravel,Multi,Parking Spaces(s)
  • Heating: Baseboard,In Floor

Property Description

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.




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