Exceptional Investment Opportunity 6-Unit Apartment Building in Mahone Bay This is a rare opportunity to own a well-maintained, fully leased 6-unit apartment building in the heart of Mahone Bay one of Nova Scotias most iconic and desirable oceanfront communities. Perfect for out-of-province and international buyers, this property is exempt from the 10% Non-Resident Deed Transfer Tax. Situated on a 0.26-acre lot, the property offers a combination of charm, functionality, and investment potential. The building features six spacious units, each approximately 800 square feet, with two bedrooms, one full bath, a bright living room, and an eat-in kitchen. Tenants enjoy off-street paved parking, coin-operated laundry, and individual storage lockers. The building is connected to municipal water and sewer, offering added convenience for owners and tenants alike. The property has been very well maintained, with recent upgrades including attic insulation, a vapor barrier in the crawl space, newer windows, a newer furnace, hot water tank, and oil tank. Located within easy walking distance to all of Mahone Bays amenities including grocery stores, the post office, pharmacy, restaurants, and the scenic waterfront this property delivers on both lifestyle and investment value. With consistent rental demand and minimal vacancy, this turn-key asset is an excellent addition to any real estate portfolio and a smart investment in one of Nova Scotias most sought-after communities. (id:4069)
Address
68 Spruce Street
List Price
$975,000
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
sale
Area
Nova Scotia
Sub-Area
Mahone Bay
Year Built
1971
MLS® Number
202516867
Listing Brokerage
Red Door Realty
Postal Code
B0J2E0
Site Influences
Park, Playground, Shopping, Place of Worship, Beach
Amenities
Storage - Locker
