Recently restored and kept in excellent condition, this 8-unit residential income property sits in a great location at the heart of Nova Scotia's fast-growing Annapolis Valley. Nearby NSCC-COGS geographic sciences campus attracts mature students from all over the world. This is an excellent opportunity for an investor to reap the immediate rewards of a low-maintenance, easy-to-rent property. Main building consists of 6 units (4 ground-level, 2 upper-level); four are 1-bedroom, two are 2-bedroom. Back building consists of 2 units (1 ground level, 1 bedroom + 1 split-level, 1+1 bedroom). Excellent income and strong capitalization rate. Recent windows, siding, roof, flooring, paint; you name it, it's done. Lots of parking. Access to public transport, high-speed internet. This property uniquely features frontage on the Annapolis River, a big bonus for potential future development. Fibre internet in all units. Priced to sell; qualified buyers should contact for financials and additional information. Don't sleep on this one! (id:4069)
| Address |
470-474 Main Street |
| List Price |
$550,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Apartment |
| Area |
Nova Scotia |
| Sub-Area |
Lawrencetown |
| Lot Size |
0.7346 Sq. Ft. |
| MLS® Number |
202401576 |
| Listing Brokerage |
RE/MAX Banner Real Estate
|
| Basement Area |
Full (Unfinished) |
| Postal Code |
B0S1M0 |
| Site Influences |
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Waterfront, View |
