7402 3 Highway
Martins River, Nova Scotia
MLS® 202620769
$589,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202620769
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 16Listing description
Located just minutes from the town of Mahone Bay, this multi-unit apartment house in the heart of Martins River has had numerous upgrades in recent years including: roofing (metal and asphalt) drywall, kitchens, baths, flooring and ductless heat-pumps. The building consists of five one-bedroom units totaling 2,600 sq. ft.
with all units fully occupied. The property has ample parking, a large back yard and adjacent the building a 24 ft. by 24 ft detached garage.
The land is comprised of two side-by-side lots: one occupied by the building consisting of 15,500 sq. ft. of level land and the second vacant parcel consisting of 25,800 sq.
ft. for a total of just under one acre of land. This property would lend itself for further expansion - either for residential use or for any number of commercial enterprises.
The convenient location has always insured stable occupancy and revenue.
Property summary
- MLS® number
- 202620769
- Property type
- Multi-family
- Building type
- Apartment
- Title
- Freehold
- Land size
- 0.9481 acres
- Parking
- Parking Space(s), Gravel
- Days on market
- 31 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric, Ductless
- Cooling
- Air Conditioned
- Basement
- Crawl space
- Flooring
- Tile, Laminate, Carpeted, Vinyl
- Appliances
- Refrigerator, Range - Electric
- Exterior features
- Vinyl
- Lot features
- Balcony
What would this home cost you?
Based on the $589,000 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 (Lunenburg), Lunenburg.
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.