470-474 Main Street, Lawrencetown, NS

$510,000

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12

Beds

0.73

Acres

About 470-474 Main Street

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!

Features of 470-474 Main Street

MLS® # 202401576
Price $510,000
Bedrooms 12
Bathrooms 0.00
Acres 0.73
Type Residential Income
Sub-Type Multi Family
Status Active Under Contract

Community Information

Address 470-474 Main Street
Area Annapolis Valley
Subdivision V3
City Lawrencetown
County Annapolis
Province NS
Postal Code B0S 1M0

Amenities

Utilities Electricity Connected
Parking Circular Driveway, Gravel
View River
Is Waterfront Yes
Waterfront River Front, River Access
Has Pool No

Interior

Interior Features See Remarks
Appliances Stove, Refrigerator
Heating Baseboard, Hot Water
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Unfinished, Walk-Out Access

Exterior

Lot Description 0.5 to 0.99 Acres
Roof Asphalt
Construction Vinyl Siding
Foundation Concrete Perimeter, Stone

Additional Information

Days on Market 124
Zoning General

Listing Details

OfficeRE/MAX Banner Real Estate

Listing Map

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