13 Burkes Road photo 11 / 14

MLS #1297848

13 Burkes Road

Flowers Cove

$219,000

4 Beds
2 Baths
2,160 sqft
Two-Apartment Home
Source Listing

Property Details

Located in the peaceful and scenic community of Flowers Cove, this well-maintained 2-unit duplex offers an incredible opportunity for investors or first-time buyers looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 bathroom, with both units currently rented, providing immediate income potential. Live comfortably in one unit while renting the other and enjoy the possibility of living close to mortgage free. Conveniently located near the local hospital, grocery store, take-out restaurants, and beautiful hiking trails, this property combines investment potential with small-town charm and coastal living. Whether you’re looking to expand your rental portfolio or purchase your first home with added income support, this property is one you won’t want to miss! (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$219,000
Down Payment - 5%$10,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,902

Mortgage Payment
$1,247
Property Tax
$155
Insurance
$150
Utilities
$350
Down Payment
$10,950
Loan Amount
$208,050
Total Interest
$165,970

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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Change Islands

3 2 2,200 sqft
Property Type
Two-Apartment Home
Listing Agent
Ivy Osmond
Brokerage
Century 21 Seller's Choice Inc.
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