Welcome to 283 Queen Street which boasts two large one bedroom units. This property sits on anoversized lot with lots of potential for the new owner. Both units have oversized living rooms with multiple windows letting in a ton of natural light. Due to the size of the living rooms there is potential to turn these one bedroom units into two bedroom units. Seller has never had a problem renting these two units. The downstairs lease is a fixed term lease expiring March 31st, 2024. The upstairs lease is also fixed term and expires April 30th, 2024. **Please note interior photos are old. **
Listing Sub-Area:
104-Truro / Bible Hill
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
16x19 + 30x18
Lot Size:
10,890 sq. ft.1,011.714 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Exterior Finish:
Vinyl
Foundation:
Concrete, Stone
Basement:
None
Floor Finish:
Carpet, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
TBD
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
831.54
Sewer:
Municipal
Num Units:
2
Num 1 Bed Units:
2
# Of Fridges:
2
# Of Stoves:
2
Rental Income:
Yes, $20,106
Approx. Net Income:
10728.76
Insurance Expense:
943.08
Taxes Costs:
1499.18
Electricity Bill:
6103.44
Approx. Total Expense:
9377.24
Approx. Total Income:
$20,106
Cable, Power, Telephone
Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated December 9, 2023 at 01:20 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$399,900
Min list price:
$240,000
Max list price:
$11,500,000
Avg days on market:
56
Min days on market:
8
Max days on market:
147
These statistics are generated based on the current listing's property type
and located in
104-Truro / Bible Hill. Average values are
derived using median calculations.
