This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit, currently vacant) and a 2-bedroom unit upstairs, each equipped with separate electrical and water meters ensuring tenants pay their own utilities and minimizing landlord operating expenses. Located in one of Nova Scotia's most desirable coastal communities, the property offers walkable access to Mahone Bay's picturesque waterfront, unique shops, restaurants, and vibrant community events, making it highly attractive to both renters and potential owner-occupiers. The owner-occupancy option provides a compelling advantage, allowing you to live in one unit while generating rental income from the other two, effectively reducing your personal housing costs while maintaining hands-on property management and potentially qualifying for tax benefits. With stable rental demand driven by Mahone Bay's historically low vacancy rates, tenant-paid utilities, dedicated parking for all units, and strong potential for long-term appreciation in this thriving coastal market, this triplex represents a rare opportunity to establish yourself in a sought-after community while building equity through a sound real estate investment that offers both immediate cash flow and future growth potential. (id:4069)
Address
499 Main Street
List Price
$649,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Mahone Bay
Lot Size
0.15 Sq. Ft.
Year Built
1895
MLS® Number
202528060
Listing Brokerage
Century 21 Optimum Realty
Basement Area
Partial (Unfinished)
Postal Code
B0J2E0
