40 Dogwood Lane (MLS® 202424003)

Martins Point, NS, B0J 2E0

Summary

MLS ®:
 202424003
Price:
 $625,000
Status:
 Active
District:
 DILUN
Zoning:
 MU
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Expense Details:
Call 902-499-7886

Property Overview

40 Dogwood Lane, Martins Point (MLS® 202424003): 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!

Listing Courtesy of: Royal Lepage Atlantic (Mahone Bay)

Directions

Highway 3 to Martins Point to Dogwood Lane

Building Specs.

Building Age:
1
Building Dimensions:
74.6x26.6
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate, Vinyl Plank
Heating & Cooling:
In Floor
Water:
Drilled Well
Sewage:
Septic
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
multi, gravel
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Main Flr Fam Rm, Power, See Remarks

Community Features

School Bus Service

Schools

Elem. School (French Imm.): Centre scolaire de la Rive Sud (P-12)
Mid. School (French Imm.): Centre scolaire de la Rive Sud (P-12)
High School: Park View Education Centre
High School (French Imm.): Centre scolaire de la Rive Sud (P-12)

Inclusions

appliances

Rental Equipment

None

Map

Contact Agent


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