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:47421)
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Detailed Information
Amenities Nearby
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Community Features
Recreational Facilities, School Bus
Listing Contract Date
2024-01-24
Location Description
From Highway 101, Exit 19: South on Elliott Road to Highway 1 (Main St.), East to Civic/Sign (in Town centre)
Municipal ID
05125463
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Views
River view
Waterfront Type
Waterfront on river
Building
Appliances
Stove, Refrigerator
Basement Development
Unfinished
Basement Features
Walk out
Basement Type
Full (Unfinished)
Exterior Finish
Vinyl
Flooring Type
Carpeted, Hardwood, Laminate, Tile, Vinyl
Foundation Type
Concrete Perimeter, Stone
Type
Apartment
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Gravel
Land
Total Size
0.7346 acres
Amenities
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Sewer
Municipal sewage system
Size of Irregular Land
0.7346
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