789-791 Saint George Street (MLS® 202419153)

Annapolis Royal, NS, B0S 1A0

Summary

MLS ®:
 202419153
Price:
 $785,000
Status:
 Active
District:
 DIANN
Zoning:
 RMU
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $71,550
Approx. Net Income:
 $41,822
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $29,728
Maintenance Expense:
 $2,628
Snow & Garbage Expense:
 $483
Water & Sewage Expense:
 $968.49
Insurance Expense:
 $3,224
Tax Costs:
 $6,149
Electricity Bill:
 $668.71
Heating Bill:
 $15,607
Expense Details:
Call 902-499-7886

Property Overview

789-791 Saint George Street, Annapolis Royal (MLS® 202419153): Known as 'The Gables' this beautiful and historic (early to mid 1800's) four-plex offers the finest apartments in Annapolis Royal. This wonderful, classic building has a stately curb appeal and presence in this town. Excellent rental history with high-quality tenants; there is rarely a vacancy for these sought-after character-filled apartments. Averaging ~1200sqft per unit there is ample space in each 2 bedroom apartment; wide hallways, large rooms & high ceilings, and each has windows in 3 cardinal directions. All units boast gleaming real hardwood floors, a handsome fireplace (non-functional), spacious bedrooms, dining room & living room (most 15'+ x 18'+). Many upgrades through the years, including new roof (2023), exterior paint (2024), interior paint, vanities, LED lighting, plumbing, fire alarm system, and more. Plenty of paved parking outside for tenants & guests on this spacious lot with lovely landscaping and old stone walls. This is a PRIME building in a PRIME location! Easy walking distance to health centre, school, historic gardens, churches, restaurants/cafes/bakeries, museums, pool, theatre, walking trails, amphitheatre, and all other amenities offered in historic & vibrant Annapolis Royal. Municipal water/sewer. Fibre-op internet is available. A very special investment opportunity to carry forward 'The Gables' honoured legacy - you could perhaps even live in one of the apartments if you're lucky enough that one becomes available!

Listing Courtesy of: RE/MAX Banner Real Estate

Directions

At intersection/lights in Annapolis Royal head eastbound for ~1.2km to civic 789/791 St George Street (adjacent hospital).

Building Specs.

Building Age:
154
Building Dimensions:
(49'x72') - (jog 35'x13')
Foundation Type:
Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl, Wood Siding
Flooring Type:
Ceramic, Hardwood
Heating & Cooling:
Heat Pump -Ductless, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Paved, Spaces - two spaces per unit
Driveway/Parking:
Parking Spaces(s), Paved

Community Features

Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Marina, Place of Worship, Beach

Inclusions

FS x 4, DW x 1, WD x 3

Rental Equipment

Water Heater

Map

Contact Agent


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