2532 1 Highway
Aylesford, Nova Scotia
MLS® 202623188
$395,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202623188
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1911
1 / 36Listing description
Calling all contractors and value-add investors! Realize the full potential of this income-producing asset strategically located between the growing communities of Berwick and Greenwood. Offering immediate cash flow today and development opportunity for tomorrow, this is the versatile Valley investment youve been waiting for.
Composed of two, 1-bedroom units and two, 2-bedroom units, new ownership could inherit immediate income streams from tenanted units while improving the asset through phased renovation. Beyond the current living spaces, an attached unfinished two-storey storage space provides an excellent canvas for conversion or creative utilization. Location is key for tenant retention, and this property delivers.
Offering short commutes to neighbouring communities, tenants also benefit from public transit access just steps away. Investors looking to the future will recognize the significant opportunity presented by the expansive stretch of Maple Avenue frontage. The land offers potential development opportunity, subject to county approvals and zoning verification.
This property is truly awaiting a professional contractor's touch to realize its absolute maximum potential. Seize this opportunity to build equity and income in a growing location.
Property summary
- MLS® number
- 202623188
- Property type
- Multi-family
- Building type
- Fourplex
- Title
- Freehold
- Land size
- 0.757 acres
- Built in
- 1911
- Parking
- Parking Space(s)
- Days on market
- 3 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace
- Basement
- Cellar
- Flooring
- Tile, Hardwood, Laminate, Linoleum
- Appliances
- Washer, Dryer - Electric, Refrigerator, Stove
- Exterior features
- Wood siding
What would this home cost you?
Based on the $395,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Engel & Volkers (Wolfville), Wolfville.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.