$450,000

For sale

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721 Highway 2, Elmsdale - Multi-family for Sale

721 Highway 2, Elmsdale, Nova Scotia, B2S1A8

8,499 sq ft (0.19 ac) lot sizeListed 483 days ago

Overview

This multi-family property in Elmsdale is for sale.

Multi-Family Properties for Sale in Elmsdale →

6 Brook Court, Elmsdale, Nova Scotia, B2S1J8

Lot size 1,034 sq ft

Listed by Keller Williams Select Realty (Elmsdale)

Investment analysis

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$450,000

Elmsdale

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Description

Welcome to 721 Highway 2. Located conveniently in the heart of Elmsdale, this 2-unit building has recently been completely renovated and is ready for a new owner. The lower level features one bedroom and one bathroom plus a den, while the upper level features two bedrooms and one bathroom. Both units are bright and inviting and are currently occupied by tenants. Recent upgrades include new flooring, windows, heat pumps, siding, electrical upgrade, painted throughout, basement entrance equipped with new concrete, and more. If you have always dreamed of having your very own investment property, now is your chance! (id:66096)

Property Details

MLS®: 202517071
Property Type: Multi-family
Lot Size: 8,499 sq ft (0.19 ac)
Year Built: 1958
Heating: Heat Pump, Oil, Electric, Ductless, Furnace
Garage: Gravel
Ownership: Freehold
Listed: 483 days ago

Features

Flooring: Laminate
Foundation: Block

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

483d

Elmsdale listings, avg age

92d

List price

$450K

Haho

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Listed by Royal LePage Atlantic (Enfield) · Kim MacLeod

Location

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$450,000

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Est. property tax$337/mo

Total monthly$2,708

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$6,750

Est. closing costs$3,850

Total cash needed$33,100

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