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Renanza Realty
For sale

2532 1 Highway

Aylesford, Nova Scotia

MLS® 202623188

$395,000

Status
Active
Property type
Multi-family
MLS® number
202623188
Bedrooms
Bathrooms
Year built
1911

Listing 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.

Estimated monthly payment$1,838 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.