MLS®201825369
List Price$205,000
PID00319715
TypeDuplex
Approx. Year Built1958
List DateOct 16, 2018 (191 Days)

Overview

457 Herring Cove Road, Spryfield (MLS® 201825369): PRICED BELOW APPRAISED VALUE! This over and under set of 2 bedroom flats, with an attached smokehouse, is situated on a large R4 lot. This is a great opportunity to accumulate equity by living in one unit and having a tenant in the second unit pay most of your mortgage for you. There is also the potential to turn the attached smokehouse into a 3rd rental unit and if the new owner wanted to rent out the detached double car garage the cash flow would create a great increase in equity quite quickly. Each unit has its own power meter and laundry equipment. Roof was re-shingled in 2016 and the property was appraised in 2009 for $240,000. Both units are now vacant so call today to view this great income property.

Listing Courtesy of EXIT REALTY METRO - A700


Community Features

  • Playground
  • public Transit
  • Recreation Center
  • School Bus Service
  • Shopping

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