2857 Highway 308, Amiraults Hill, Nova Scotia B0W 3M0

From Yarmouth take highway #103 through to the Tusket Exit. Right onto highway #308. Following through Amiraults Hill. Property on the right. Attention Investors!! This is your chance to own what was at one time "Amirault's Hill Elementary School" and has since become the investment opportunity you have been waiting for! Currently there are 6 fully rented apartments ((5) 2 bedrooms + (1) 1 bedroom) generating an immediate positive cash flow with LOTS of room for expansion here. The property has a drilled well (with a newly installed pressure tank) in addition to a secondary dug well. The septic system has a 10,000 gallon tank (field bed located under ball field.) A large section of the roof was recently re-shingled as well. Price adjustment has been made to reflect the extensive electrical upgrade to the property. Upgrade includes new 400amp single phase electrical service as well as 7 new 100amp power meters; one for each unit and one for the remainder of the building. (id:27476)

Conveniently situated near a Place of Worship, this property is a Freehold ownership type, making it an ideal investment opportunity for investors. Formerly known as "Amirault's Hill Elementary School," this property now consists of 6 fully rented apartments, generating a positive cash flow with potential for expansion. The property features a drilled well with a newly installed pressure tank, as well as a secondary dug well. Additionally, it has a 10,000 gallon septic tank with the field bed located under the ball field. A significant portion of the roof has been recently re-shingled, and the property has undergone an extensive electrical upgrade, including a new 400amp single phase electrical service and 7 new 100amp power meters.

Currently listed for sale, this property boasts a land size of 4.63 acres and is surrounded by land amenities such as a Place of Worship. It is located at 2857 Highway 308 in the city of Amiraults Hill, Nova Scotia, with a postal code of B0W3M0. The property features a Heat Pump cooling system and has a building exterior finish of wood shingles. Classified as an Apartment property type, this investment opportunity is not to be missed.