287 Main Street, Dartmouth, NS

$499,900

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5

Beds

4

Baths

2,767

Square feet

0.16

Acres

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
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
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
Parking Spaces 1
Parking Attached, Single, Paved
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Secondary Suite, High Speed Internet
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
Roof Asphalt
Construction Vinyl Siding
Foundation Concrete Perimeter

School Information

Elementary Admiral Westphal Elementary School
Middle Caledonia Junior High School
High Woodlawn High

Additional Information

Zoning R-2 - RESIDENTIAL MEDIUM DENISTY

Listing Details

OfficeExit Realty Metro

Listing Map