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8158 Route 1 Meteghan, Nova Scotia B0W 2J0
Heat Pump
$419,900
INVESTOR ALERT: 6.3% CAP RATE. This well maintained & upgraded Victorian fourplex is perched on a hill with stunning ocean & sunset views from all units, making it a sought after rental. Annual Gross Rents (4 units): $31,260. Annual Expenses: Insurance $1,920, Taxes $2,700, Lawn/Snow removal $840), Maintenance $600). Rents less expenses = $24,440. Tenants pay own heat and lights on 4 separate meters. Downstairs 2 bdrm units have separate oil furnaces. Upstairs 1 bdrm units are baseboard and unit 4 has a (2019) Fujitsu heat pump (paid in full). 2019 updates: Back roof replaced, 2 new fibreglass oil tanks, seamless gutters, new water pump tank and all new modern lighting, chandeliers and plumping fixtures in units 2 & 4. 2020 update: New chimney cap. Extensive list of recent improvements available upon request, making this a TURNKEY INVESTMENT. On municipal sewer and shared well with great neighbour sfd. Meteghan is an established lobster fishing town. 30 mins to Yarmouth, 45 mins to Digby and 3 hrs to Halifax. The house is on a bus route and walking distance to post office, library, credit union and groceries. The property includes a large shed, ample parking and a large partially wooded, scenic back lot. Act Fast on this exceptional opportunity in a picturesque oceanside town! (id:40687)
Property Details
| MLS® Number | 202218319 |
| Property Type | Multi-family |
| Community Name | Meteghan |
| Amenities Near By | Golf Course, Park, Playground, Shopping |
| Community Features | School Bus |
| Features | Sump Pump |
| Structure | Shed |
| View Type | Ocean View |
Building
| Appliances | Stove, Dryer, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1919 |
| Cooling Type | Heat Pump |
| Exterior Finish | Wood Shingles |
| Flooring Type | Carpeted, Hardwood, Laminate, Vinyl |
| Foundation Type | Stone |
| Type | Fourplex |
| Utility Water | Dug Well, Shared Well |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 1/2 - 1 Acre |
Utilities
| Cable Available | Unknown |
https://www.realtor.ca/real-estate/24709104/8158-route-1-meteghan-meteghan
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November 28 2022 01:25:43
