About 287 Main Street
Discover a unique investment opportunity in this charming 3-unit property at 287 Main st, perfect for real estate investors or first-time home buyers looking to offset their mortgage with rental income. This versatile property features a spacious 4-bedroom main house, ideal for family living or as a lucrative rental. The lower level in-law suite offers additional living space or can be utilized as a separate rental unit, ensuring maximum income potential. With tons of paved parking to accommodate tenants, this corner lot is perfect for multiple vehicles. Step outside to find a quaint 1 bedroom backyard unit, presenting an excellent opportunity for additional rental income. This property was previously generating $7400/month between the rental spaces and garage. While it does require some TLC throughout the main house and backyard suite, this home's prime location on Main st in Dartmouth and multiple income-generating options make it a fantastic opportunity to create some sweat equity. Property can be fully vacant on closing, or the tenant in the backyard suite would be happy to stay for $1600/month, allowing you instant income right from Day 1. Don't miss your chance to invest in a property with endless possibilities for growth and income!
Features of 287 Main Street
MLS® # | 202428188 |
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Price | $499,900 |
Bedrooms | 5 |
Bathrooms | 4.00 |
Full Baths | 3 |
Half Baths | 2 |
Square Footage | 2,767 |
Acres | 0.16 |
Year Built | 1953 |
Type | Residential |
Sub-Type | Single Family Residence |
Status | Closed |
Date Sold | January 31st, 2025 |
Community Information
Address | 287 Main Street |
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Area | Halifax - Dartmouth |
District | 17-Woodlawn, Portland Estates, Nantucket |
Sub-District | 17-D |
City | Dartmouth |
County | Halifax |
Province | NS |
Postal Code | B2X 1T3 |
Amenities
Utilities | Electric, Cable Connected, Electricity Connected, Phone Connected, Other |
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Parking Spaces | 1 |
Parking | Attached, Single, Paved |
# of Garages | 1 |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Secondary Suite, High Speed Internet |
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Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator |
Heating | Baseboard, Furnace |
Fireplace | No |
# of Stories | 2 |
Stories | 2 Storey |
Has Basement | Yes |
Basement | Finished |
Exterior
Lot Description | Under 0.5 Acres, Cleared |
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Roof | Asphalt |
Construction | Vinyl Siding |
Foundation | Concrete Perimeter |
School Information
Elementary | Admiral Westphal Elementary School |
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Middle | Caledonia Junior High School |
High | Woodlawn High |
Additional Information
Zoning | R-2 - RESIDENTIAL MEDIUM DENISTY |
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Listing Details
Office | Exit Realty Metro |
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