457 Herring Cove Road (MLS® 201825369)
457 Herring Cove Road, Spryfield (MLS® 201825369 ) PRICED BELOW APPRAISED VALUE! This over and under set of 2 bedroom flats, with an attached smokehouse, is situated on a large R4 lot. This is a great opportunity to accumulate equity by living in one unit and having a tenant in the second unit pay most of your mortgage for you. There is also the potential to turn the attached smokehouse into a 3rd rental unit and if the new owner wanted to rent out the detached double car garage the cash flow would create a great increase in equity quite quickly. Each unit has its own power meter and laundry equipment. Roof was re-shingled in 2016 and the property was appraised in 2009 for $240,000. Both units are now vacant so call today to view this great income property.
Listing Courtesy of: EXIT REALTY METRO - A700