226 Commercial Street, Middleton

226 Commercial Street, Middleton, NS B0S1P0 Photo 1

12 Photos

226 Commercial Street, Middleton, NS B0S1P0 Photo 2
226 Commercial Street, Middleton, NS B0S1P0 Photo 3
226 Commercial Street, Middleton, NS B0S1P0 Photo 4
226 Commercial Street, Middleton, NS B0S1P0 Photo 5
226 Commercial Street, Middleton, NS B0S1P0 Photo 6
226 Commercial Street, Middleton, NS B0S1P0 Photo 7
  • MLS®: 202404221
  • Added: 50 days ago

Property Details

Investment opportunity in the heart of Middleton! This fourplex offers an ideal combination of convenience, comfort, and potential for substantial returns. Situated in close proximity to the amenities of Middleton and the bustling Community College, this property is strategically located for both tenants and investors alike. Whether you're looking to expand your real estate portfolio or generate passive income, this fourplex presents an enticing prospect. The recent renovations include newly replaced siding and roof shingles, ensuring enhanced durability and curb appeal for years to come. This significant update not only adds value to the property but also minimizes maintenance costs, making it an attractive option for savvy investors. Each unit within the fourplex consists of two bedrooms and one bathroom with functional layouts, these units offer comfortable living environments for tenants, further enhancing the property's appeal. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Tax Year: 2024
  • Basement: Finished, Full
  • Flooring: Concrete, Hardwood, Laminate, Carpeted
  • Appliances: Refrigerator, Stove
  • Directions: From Main Street in Middleton, down Commercial Street to civic number on East side of street
  • Photos Count: 12
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 05031083
  • Structure Type: Fourplex
  • Common Interest: Freehold
  • Parking Features: Parking Space(s), Gravel
  • Exterior Features: Vinyl
  • Community Features: School Bus, Recreational Facilities
  • Foundation Details: Concrete Perimeter
  • Lot Size Dimensions: 0.4591

Features

  • Roof: Asphalt Shingle
  • Other: Community Features: Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship, Foundation: Concrete, Inclusions: Fridges x4, Stoves x4, 4 Two Bedroom, 4 Occupied, Rental Income: 35700, Insurance Expense: 2760, Water and Sewage Expense: 1200, Management Expense: 2400, Taxes Costs: 3712, Approximate Total Expenses: 10072
  • Heating: Electric, Baseboard
  • Appliances: 4 Stoves, 4 Fridges
  • Interior Features: Flooring: Carpet, Concrete, Hardwood, Laminate
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal
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Nearby Places

Name Type Address Distance
Foodland Grocery or supermarket North St 0.4 km
Annapolis East Elementary School School Middleton 0.7 km
Price Chopper Grocery or supermarket 170 Commercial 0.8 km
Orchard Queen Motel & RV Park Rv park 425 Main St 1.0 km
Middleton Regional High School It was founded in 1948 and includes grades 6-12... 1.0 km
Capitol Lounge & Grill Bar 333 Main St 1.0 km
Capitol Pub Bar 333 Main St 1.0 km
Pasta Jax & Ribs Restaurant 300 Main St 1.0 km
Middleton Regional High School School Middleton 1.1 km
Middleton, Nova Scotia It is situated on the north bank of the Annapolis ... 1.1 km
Tim Hortons Cafe 241 Main St 1.1 km
Spa Springs The community was settled by Loyalist Timothy Rugg... 1.2 km
226 Commercial Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 226 Commercial Street. The current price of the property is $374,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $299,920. This would result in a monthly mortgage payment of $1,753 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 25
Bachelor's degree 25
University / Below bachelor level 25
Certificate of Qualification 10
College 70
University degree at bachelor level or above 50

Neighbourhood Marital Status Stat

Married 200
Widowed 70
Divorced 55
Separated 15
Never married 125
Living common law 30
Married or living common law 235
Not married and not living common law 265

Neighbourhood Construction Date

1961 to 1980 105
1981 to 1990 35
1991 to 2000 45
1960 or before 75
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