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Renanza Realty
For sale

10 Pioneer Street

Springhill, Nova Scotia

MLS® 202609019

$199,900

Status
Active
Property type
Multi-family
MLS® number
202609019
Bedrooms
Bathrooms
Year built
2023

Listing description

This well-designed duplex was completed in 2023 with low maintenance and energy efficiency in mind. Formerly a single-family home, the interior was completely renovated to create two bright and functional one-bedroom apartments. The list of updates is extensive, including a metal roof, new siding, windows, electrical, plumbing, and heat pump units-the list goes on!

This is a worry-free property, perfect for anyone looking to enter the rental market or add a solid asset to their investment portfolio. Both units feature in-suite laundry, and heat and electricity are included in the rent. With efficiency as a key focus during the renovation, the home is extremely well insulated from top to bottom.

The main-level unit currently rents for $1,050 per month, while the second-floor unit rents for $1,000 per month, generating a net operating income of approximately $17,464 annually (excluding management fees, as the property is locally managed by the owner). This property can also be sold in conjunction with MLS#202526296 as a package deal. A solid, low-maintenance investment-definitely worth a look!

Book your showing today!

Property summary

MLS® number
202609019
Property type
Multi-family
Building type
Duplex
Title
Freehold
Land size
0.1067 acres
Built in
2023
Days on market
119 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Ductless
Cooling
Air Conditioned
Basement
Crawl space, None
Flooring
Vinyl Plank
Appliances
Refrigerator, Stove, Washer/Dryer Combo
Exterior features
Vinyl
Community features
Recreational Facilities

What would this home cost you?

Based on the $199,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$930 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Cumberland Realty Ltd., Amherst.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.