(902) 489-4763
Multi Family

5106 Highway 7, Porters Lake, NS (MLS® 202402600).

5106 Highway 7, Porters Lake, NS (MLS® 202402600): 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 the 2 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!!

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

Listing Courtesy of: Keller Williams Select Realty

$559,900
MLS®
202402600
PID
40242984
List Price
$559,900
Type
Duplex
Sewer
Septic
Building Age
60
Foundation
Concrete
Exterior
Vinyl, Wood Siding
Flooring
Ceramic, Hardwood, Laminate, Vinyl
Water
Dug

Features

  • Balcony

Community Features

  • Park
  • Playground
  • Public Transit
  • School Bus Service
  • Shopping
  • Place of Worship
  • Beach

contact the agent.

Candice Blaney
(902) 489-4763
cblaney@remaxnova.ca

Candice has been a licensed REALTOR® since 2009. Candice's knowledge allows her to offer superior guidance, advice and service through the delicate p…

Candice Blaney.

REALTOR ®
RE/MAX nova
(902) 489-4763
cblaney@remaxnova.ca