For Sale: 45 Mechanic Street, Springhill, NS

About this home

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! (id:63626)

Listed by: Sarah Sullivan, Century 21 Trident Realty Ltd.

Home facts and features

Price details

List Price

$219,900

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel, Parking Space(s)

Property Type

Multifamily

Lot Size

6825 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Oil, Electric

Basement Details

Unfinished, Full

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Sarah Sullivan

Primary Broker

Century 21 Trident Realty Ltd.

Listing details

Days on REW

50 Days

MLS® Number

202613027

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 56km

Marshview Middle School

n/a
5 - 8
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Port Elgin Regional School

n/a
K - 8
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

Riverside Consolidated School

n/a
K - 5
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

Hillsborough Elementary School

n/a
K - 5
In Catchment

Caledonia Regional High School

n/a
6 - 12
In Catchment

45 Mechanic StreetSpringhill, NS, B0M 1X0