$625,000
FOR SALE

Triplex

40 Dogwood Lane
Martins Point, NS B0J 2E0

If you are a real estate investor or a vacation rental owner looking for the perfect addition to your portfolio, consider 40,42 and 44 Dogwood Lane in Martins Point, Nova Scotia. This newly constructed triplex is situated on a 1.5 acre property just a few minutes away from Oak Island and the popular family diner, the Island View Canteen, Mahone Bay and Chester. This property is well-suited for two growing sectors in the real estate industry: addressing the housing shortage and catering to the tourism industry. The Government of Nova Scotia forecasts a need for 71,600 units by 2027 to alleviate the housing problem, while the accommodation sector experienced a 14% increase in visitors in 2023. These statistics emphasize that this property presents a strong investment opportunity. 40, 42, and 44 Dogwood Lane are built with high-quality craftsmanship and pride. Each unit features a modern kitchen, spacious living areas, large windows that allow ample natural light, two beds in two units, and one spacious bed in one unit. Additionally, each unit is equipped with radiant floor heating with individual boilers. This property is nestled in a mature garden, offering tranquility and serenity, making it suitable for both vacation rentals and long-term rental business. This turnkey property comes with all necessary permits for business operations already in place, allowing you to focus solely on acquiring the property. It's rare to find a versatile, brand-new triplex property like this, perfect for either entering the tourism industry or expanding your rental portfolio. Don't miss out on this opportunity ? call your agent now and secure this brand-new property before someone else does. A brand new triplex building is a rare find! (id:47421)
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Listed By Royal Lepage Atlantic (Mahone Bay)
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202424003
Last Updated Oct 04, 2024
Property Summary
Property Type Triplex

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Community Martins Point
Price History

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Detailed Information
Community Features School Bus
Listing Contract Date 2024-10-04
Location Description Highway 3 to Martins Point to Dogwood Lane
Municipal ID 60728482
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Appliances Stove, Dryer, Washer, Microwave, Refrigerator
Basement Type None
Exterior Finish Vinyl
Flooring Type Laminate, Vinyl Plank
Foundation Type Concrete Perimeter
Type Triplex
Utility Water Drilled Well
Parking Spaces
Name Spaces
Gravel
Parking Space(s)
Land
Total Size 1.5 acres
Acreage Yes
Sewer Septic System
Size of Irregular Land 1.5

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