470-474 Main Street (MLS® 202201485)

Lawrencetown, NS, B0S 1M0

Summary

MLS ®:
 202201485
Price:
 $649,000
Status:
 Active
District:
 DIANN
Zoning:
 General
Property Type:
 5-8 Units
Title To Land:
 Freehold
Waterfront:
 River

Income

Approx. Total Income:
 62232
Approx. Net Income:
 43544.73
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 18687.27
Expense Details:
Call 902-499-7886

Property Overview

470-474 Main Street, Lawrencetown (MLS® 202201485): 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. Priced to sell; qualified buyers should contact for financials and additional information. Don't sleep on this one! HST applicable.

Listing Courtesy of: RE/MAX Banner Real Estate

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Hardwood, Laminate, Tile, Vinyl
Heating & Cooling:
Baseboard, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Circular, Gravel

Features

See Remarks

Rental Equipment

None

Map

Contact Agent


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