5106 Highway 7, Porters Lake, NS (MLS® 202402599)

  • Single Family
  • 1,645 ft2
  • 3
  • 2
MLS®: 202402599

Overview of 5106 Highway 7, Porters Lake, NS (MLS® 202402599)

5106 Highway 7, Porters Lake, NS (MLS 202402599): Welcome to 5106 Highway 7 in Porters Lake — a prime investment opportunity! Finding an income property with positive cash flow in today's market can be challenging, but this property offers a rare chance to generate passive income. Conveniently located just off exit 20, in the heart of Porters Lake's shopping and business district, this property boasts easy access to amenities and schools within walking distance. This property can also be good for first time home buyers looking to secure a property now and move in later in either one of the2 units with the other one helping paying their mortgage. This property features a well-maintained 2-bedroom unit upstairs and a separate 1-bedroom unit downstairs, each with its own laundry and entrance. Recent renovations/upgrades, including a new roof, new siding, new insulation, heat pump system, new windows all around, brand new apartment downstairs and more since 2022, ensure both comfort and value. The sale of this property is conditional to the seller remaining as a tenant for a minimum of one year after closing on a fixed term lease which would start on closing along with the lower unit's tenants committing to a two-year fixed term lease. The lower unit's rent remains at $1850/month, all-inclusive, while negotiations are open for the upstairs unit, either all-inclusive or priced per month plus utilities. All inclusive rent would be$1950/month. Contact me for more information and book your showings now!!

Listing Courtesy of: Keller Williams Select Realty

Description

Highway 107 to Exit 20, left off ramp, left at stop sign, on left at civic 5106.

 

ROOMS

5106 Highway 7, Porters Lake, NS (MLS® 202402599) has three bedrooms total: two bedrooms above ground, and one bedroom below ground level. It also has two bathrooms total: two full bathrooms, and zero half bathrooms.

LEVEL
TYPE
DIMENSIONS
Main Floor
Bath 1
4PC
Main Floor
Bedroom
10.3 X 9.11
Main Floor
Bedroom
14.7 X 11.6
Main Floor
Dining Room
10.7 X 7.11
Main Floor
Kitchen
12.4 X 12.7
Main Floor
Living Room
13.3 X 9.10
Lower Level
Bath 1
4PC
Lower Level
Bedroom
11.11 X 9.9
Lower Level
Dining Room
15.1 X 14.9
Lower Level
Kitchen
10.2 X 9.4
Lower Level
Living Room
14.9 X 12.1
Lower Level
Storage
9.9 X 8.5


Contact Agent

Rob Lough

Rob LoughBlue List Realty Canada

For any questions about 5106 Highway 7, Porters Lake, NS (MLS® 202402599) or to schedule a showing, please contact us using any of the options below:
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