14525 Highway 1
Wilmot, Nova Scotia
MLS® 202617013
$395,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202617013
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1947
1 / 22Listing description
Triplex + detached commercial space (currently a music store) and a small garage, all on an oversize lot, close to the amenities of Middleton & Kingston in the fast-growing central Annapolis Valley. Summary of units: One 1-BR (front, lower level, $1000/m), One 2-BR (upper floor, $1000/m), One 3-BR (rear, lower level, $1800/m). Seller currently operates a music store from the detached commercial space - so there is further potential upside to rental income.
Several music rehearsal rooms in basement + detached music store could both possibly be converted into additional residential unit(s). If you're interested in acquiring the music store inventory and business/good-will it can be further discussed/negotiated with the owner (not included in the asking price). Septic system is over-engineered (able to potentially accommodate additional units) and recent (~2011).
New heat pump in front residential unit and music store. New metal roof on music store. Property will need some TLC here and there; reflected in asking price.
Property summary
- MLS® number
- 202617013
- Property type
- Multi-family
- Building type
- Fourplex
- Title
- Freehold
- Land size
- 0.7845 acres
- Built in
- 1947
- Parking
- Gravel
- Days on market
- 70 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Forced air, In Floor Heating, Oil, Electric, Hot Water, Furnace
- Basement
- Partially finished, Full
- Flooring
- Hardwood, Laminate, Carpeted, Other, Vinyl
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Vinyl
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 RE/MAX Banner Real Estate(Annapolis Royal), Annapolis Royal.
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.