2532 1 Highway (MLS® 202623188)

Aylesford, NS, B0P 0A8

Summary

MLS ®:
 202623188
Price:
 $395,000
Status:
 Active
District:
 DIKIN
Zoning:
 R3
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $67,200
Approx. Net Income:
 $46,133.25
Laundry Income:
 $0
Other Income:
 $0
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $21,066.75
Snow & Garbage Expense:
 $1,368.00
Insurance Expense:
 $7,382.28
Tax Costs:
 $7018.56
Electricity Bill:
 $4582.33
Other Costs:
 $715.58
Expense Details:
Call 902-499-7886

Property Overview

2532 1 Highway, Aylesford (MLS® 202623188): Calling all contractors and value-add investors! Realize the full potential of this income-producing asset strategically located between the growing communities of Berwick and Greenwood. Offering immediate cash flow today and development opportunity for tomorrow, this is the versatile Valley investment you’ve been waiting for. Composed of two, 1-bedroom units and two, 2-bedroom units, new ownership could inherit immediate income streams from tenanted units while improving the asset through phased renovation. Beyond the current living spaces, an attached unfinished two-storey storage space provides an excellent canvas for conversion or creative utilization. Location is key for tenant retention, and this property delivers. Offering short commutes to neighbouring communities, tenants also benefit from public transit access just steps away. Investors looking to the future will recognize the significant opportunity presented by the expansive stretch of Maple Avenue frontage. The land offers potential development opportunity, subject to county approvals and zoning verification. This property is truly awaiting a professional contractor's touch to realize its absolute maximum potential. Seize this opportunity to build equity and income in a growing location.

Listing Courtesy of: Engel & Volkers (Wolfville)

Directions

Exit 16, turn right on Highway 1. Turn left on Maple Avenue; first driveway on the right.

Building Specs.

Building Age:
115
Building Dimensions:
Irregular
Foundation Type:
Other, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Siding
Flooring Type:
Hardwood, Laminate, Linoleum, Tile
Heating & Cooling:
Baseboard, Furnace, Heat Pump -Ductless
Water:
Drilled Well
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
None
Parking:
Off Street: Three driveways
Driveway/Parking:
Multiple Driveways, Parking Spaces(s)

Community Features

Golf Course, Park, Place of Worship, Public Transit, Shopping

Schools

Elem. School: Saint Mary's Elementary School
Mid. School: Pine Ridge Middle School
High School: West Kings District High School

Inclusions

Appliances will be conveyed in "as is" condition

Rental Equipment

None

Map

Contact Agent


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