Discover a unique investment opportunity in this charming 3-unit property at 287 Main st, perfect for real estate investors or first-time home buyers looking to offset their mortgage with rental income. This versatile property features a spacious 4-bedroom main house, ideal for family living or as a lucrative rental. The lower level in-law suite offers additional living space or can be utilized as a separate rental unit, ensuring maximum income potential. With tons of paved parking to accommodate tenants, this corner lot is perfect for multiple vehicles. Step outside to find a quaint 1 bedroom backyard unit, presenting an excellent opportunity for additional rental income. This property was previously generating $7400/month between the rental spaces and garage. While it does require some TLC throughout the main house and backyard suite, this home's prime location on Main st in Dartmouth and multiple income-generating options make it a fantastic opportunity to create some sweat equity. Property can be fully vacant on closing, or the tenant in the backyard suite would be happy to stay for $1600/month, allowing you instant income right from Day 1. Don't miss your chance to invest in a property with endless possibilities for growth and income! (id:4069)
Address
287 Main Street
List Price
$499,900
Property Type
Single Family
Type of Dwelling
House
Area
Nova Scotia
Sub-Area
Dartmouth
Bedrooms
5
Bathrooms
5
Floor Area
2,767 Sq. Ft.
Lot Size
0.1641 Sq. Ft.
Year Built
1953
MLS® Number
202428188
Listing Brokerage
Exit Realty Metro
Postal Code
B2X1T3
Site Influences
Golf Course, Park, Playground, Public Transit, Shopping, Beach
