Looking for a rock-solid addition to your portfolio? This turnkey over/under duplex in Antigonish is perfectly positioned within 1KM of St. FX University. In a town where location is everything, this property stays consistently occupied and is currently fully rented with solid tenant, offering immediate cash flow from day one. Each unit features a practical two-bedroom, one-bathroom layout, made even more attractive to quality tenants by the inclusion of private, in-suite washers and dryer on both levels. The building has been well-maintained, keeping your overhead low and your margins high. You can skip the immediate maintenance headaches too as the roof was replaced in March 2024, providing years of protection and peace of mind and anew stove in 2 Hillside in 2025. Between the university’s constant demand and the building’s low operating expenses, this is a straightforward, low-maintenance investment designed for long-term growth. Whether you’re a local investor or looking to expand into the Highland Heart, this property offers the stability and structural integrity you’re looking for in a prime rental market. Don't miss out on a hassle-free asset that’s already performing.
104 to Exit 32 to Highway 7 straight through to left on Xavier
Listing Sub-Area:
301-Antigonish
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
29 x 29
Outside Dimenions:
29 x 29
Lot Size:
5,998 sq. ft.557 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1962
(Age: 64)
Age:
64
Exterior Finish:
Vinyl
Foundation:
Concrete
New Constr.:
No
Basement:
None
Floor Finish:
Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard, Furnace, Hot Water
Fuel:
Oil
Parking:
Yes
Parking Description:
Single Car Driveway for each Unit
Driveway:
Gravel, Multiple Driveways, Single
Water Supply:
Municipal
Water And Sewage:
1184.82
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
2
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Microwaves:
1
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, $40,800.
Approx. Net Income:
30348.56
Insurance Expense:
3100
Taxes Costs:
2886.81
Heating Bill:
3279.81
Electricity Bill:
Tenants Pay
Approx. Total Expense:
10451.44
Approx. Total Income:
$40,800
Balcony, Heat/Air Exchange, Laundry
Appliances
Tenants personal belongings
Park, Public Transit, Recreation Center, Shopping, Place of Worship
Range - Electric, Dishwasher, Dryer - Electric, Washer, Microwave Rng Hd Combo, Refrigerator