137-139 Water (MLS® 202510383)

Pictou, NS, B0K 1H0

Summary

MLS ®:
 202510383
Price:
 $374,900
Status:
 Active
District:
 107
Zoning:
 Commercial
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 43,356
Approx. Net Income:
 37116.07
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 6204.05
Management Expense:
 0
Water & Sewage Expense:
 565.05
Insurance Expense:
 1727
Tax Costs:
 3948
Heating Bill:
 0
Expense Details:
Call 902-499-7886

Property Overview

137-139 Water, Pictou (MLS® 202510383): Located at 137-139 Water Street, this remarkable four-unit property offers outstanding potential for investors and business owners alike. Situated in the vibrant and highly desirable waterfront district of Pictou, the property presents a rare blend of residential and commercial space—making it a valuable addition to any real estate portfolio. Just steps from the scenic Pictou Harbour, it enjoys a prime location beside the high-performing Arts Centre and the newly expanded public library. The property also backs directly onto the popular Jitney Trail, offering unmatched access to both cultural attractions and recreational amenities. The ground floor features a commercial unit currently in use—perfect for businesses seeking high visibility and foot traffic. Also on the ground level is a vacant, cozy two-bedroom unit with in-suite laundry, offering excellent flexibility for residential or commercial conversion. Two additional one-bedroom units are currently rented on fixed-term leases, providing immediate and stable rental income. Enjoy breathtaking harbor views right from your back patio—an ideal setting to relax and take in the waterfront charm. All tenants are responsible for their own utilities, keeping operating costs low. The property is well maintained and includes a durable metal roof, numerous updated windows, and five efficient heat pumps (including one in the basement) for year-round comfort. A propane stove adds an extra layer of convenience during power outages. This is Pictou living at its finest—don’t miss the chance to own a truly versatile and income-generating property in one of Nova Scotia’s most scenic and growing communities.

Listing Courtesy of: Royal LePage Atlantic(Stellarton)

Directions

Take the Pictou exit off the rotary onto West River Road, stay right at the fork onto water street and property will be on your right.

Building Specs.

Building Dimensions:
49x31
Foundation Type:
Stone
Roof Material:
Metal
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Linoleum
Heating & Cooling:
Baseboard, Heat Pump -Ductless, Stove
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
large gravel lot in behind
Driveway/Parking:
Gravel

Features

Air Conditioning, Balcony

Community Features

Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Beach

Schools

Elem. School: Pictou Elementary School
Mid. School: Pictou Academy
High School: Pictou Academy

Rental Equipment

None

Map

Contact Agent


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