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260 Gerrish Street Windsor, Nova Scotia B0N 2T0

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$519,000

MLS® Number: 202528912

An exciting opportunity for both investors and first-time buyers, this property features a duplex and a detached single-family home on the same lot, right in the heart of town. It's ideal for buyers who want to live in one unit while renting out the others to help cover expenses, or for investors looking to add a solid income-producing property to their portfolio. The property is currently generating $5,080 per month in rental income. Unit 260 is a one-bedroom rented for $1,400 per month on a fixed-term lease. Unit 262 is a three-bedroom unit renting for $1,640 per month, also on a fixed-term lease. Unit 266 is a three-bedroom detached home bringing in $2,040 per month on a month-to-month lease with a three-month notice. All tenants pay their own utilities except for water. Located within walking distance to everything in town, this property also offers ample parking around back, which is a rare find in this area. The buildings are structurally sound and currently cash flowing, giving you the flexibility to make cosmetic updates over time without urgency. This is a smart investment in a strong rental market with room to grow. (id:59126)

Property Details

MLS® Number 202528912
Property Type Multi-family
Community Name Windsor

Building

Flooring Type Laminate, Wood, Tile, Vinyl Plank
Foundation Type Concrete Perimeter
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.1389
Size Total 0.1389 Ac
Size Total Text 0.1389 Ac

Parking

Gravel
Shared

https://www.realtor.ca/real-estate/29155030/260-gerrish-street-windsor-windsor

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