128 Main Street

102S-South of Hwy 104, Parrsboro and Area Springhill B0M 1X0

CENTRALLY LOCATED DUPLEX IN SPRINGHILL! This well-maintained duplex is perfectly located within walking distance to virtually everything in town! Featuring a spacious 3-bedroom unit and a comfortable 2-bedroom unit, this property would make an excellent addition to any investment portfolio. The generously sized units also make it ideal for an owner-occupied income property or a multi-generational living setup. Unit 1, accessible from the front of the building, is a recently updated 2-bedroom apartment with in-unit laundry, currently renting for $1,200/month. Unit 2, accessed from the rear entrance, is a two-level, 3-bedroom unit with laundry, renting for $1,450/month. Both units are heated and cooled with electric baseboards and efficient ductless heat pumps, with heat and power currently included in the rent. However, with two separate meters, these expenses could easily be transferred to tenants in the future. The property has an excellent rental history with long-term tenants and a current Net Operating Income of $20,053. Additional features include a good-sized backyard and a detached storage building! This property can also be bundled with MLS#202526296 and MLS#202526297 for a larger investment package. A solid opportunity in a great location-definitely worth a look! Book your showing today!