324 St. George Street, Annapolis Royal, NS

$1,275,000

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6

Beds

0.20

Acres

About 324 St. George Street

Nestled in the heart of downtown Annapolis Royal, directly across from the renowned Fort Anne National Historic Site, this exceptional investment property seamlessly blends historic charm with modern efficiency. The building comprises three ground-level, high-traffic commercial units that enjoy steady footfall from the bustling tourist scene, along with a convenient ground-level apartment, four spacious second-level apartments, and a well-organized self-storage facility in the basement. Recently updated with all vinyl windows and fresh exterior paint, the property exudes curb appeal while ensuring energy efficiency and low maintenance. A portion of the roof has also been recently replaced, adding to the overall durability and upkeep of the building. Inside, high ceilings and superior construction are complemented by meticulous maintenance. Each unit features separate power meters, facilitating straightforward management and billing. The commercial units are further enhanced with modern heat pumps, offering efficient heating and cooling solutions. Boasting an established history of excellent tenants and robust rental performance, this property represents a rare opportunity for investors seeking a turn-key operation with solid financials from day one. Whether you aim to expand your portfolio or secure a prime piece of Annapolis Royal real estate, this property promises consistent returns and a strategic location that leverages both local and tourist traffic.

Features of 324 St. George Street

MLS® # 202415884
Price $1,275,000
Bedrooms 6
Bathrooms 0.00
Acres 0.20
Year Built 1922
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 324 St. George Street
Area Annapolis Valley
Subdivision V3
City Annapolis Royal
County Annapolis
Province NS
Postal Code B0S 1A0

Amenities

Utilities Electricity Connected
Parking Paved
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator, Microwave
Heating Baseboard, Ductless
Cooling Air Conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Finished

Exterior

Lot Description Under 0.5 Acres
Roof Rolled/Hot Mop
Construction Wood Siding
Foundation Concrete Perimeter, Stone

Additional Information

Days on Market 156
Zoning CG

Listing Details

OfficeRE/MAX Banner Real Estate

Listing Map

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