470-474 Main Street, Lawrencetown, Nova Scotia B0S 1M0

From Highway 101, Exit 19: South on Elliott Road to Highway 1 (Main St.), East to Civic/Sign (in Town centre) 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. Fibre internet in all units. Priced to sell; qualified buyers should contact for financials and additional information. Don't sleep on this one! (id:27476)

Conveniently situated in the heart of Nova Scotia's Annapolis Valley, this 8-unit residential income property has been recently restored and meticulously maintained, making it an attractive investment opportunity. The property is located near the NSCC-COGS geographic sciences campus, drawing in mature students from around the globe. With low maintenance and high rentability, this property offers immediate rewards for investors.

The main building comprises 6 units, with 4 on the ground level and 2 on the upper level. Of these, four units have 1 bedroom, while the remaining two have 2 bedrooms. Additionally, there are 2 units in the back building, one on the ground level and the other a split-level unit, both with 1 bedroom. The property boasts recent upgrades such as windows, siding, roof, flooring, and paint, as well as ample parking and access to public transport and high-speed internet. Notably, it also features frontage on the Annapolis River, offering potential for future development. Each unit is equipped with fibre internet, and the property is competitively priced for sale.

With a land size of 0.7346 acres, this property is ideally located on Main Street in Lawrencetown, Nova Scotia. The community offers amenities such as a golf course, park, playground, public transit, shopping, and places of worship. The building type is an apartment with an unfinished basement and a walk-out entrance. The exterior finish is vinyl, and the property is being offered for sale to qualified buyers, who can obtain financials and additional information upon inquiry.