470-474 Main Street, Lawrencetown, NS (MLS® 202316643): Recently restored and kept in excellent condition, this 8-unit residential income property sits in a great location at the heart of Nova Scotia's fast-growing Annapolis Valley. Nearby NSCC-COGS geographic sciences campus attracts mature students from all over the world. This is an excellent opportunity for an investor to reap the immediate rewards of a low-maintenance, easy-to-rent property. Main building consists of 6 units (4 ground-level, 2 upper-level); four are 1-bedroom, two are 2-bedroom. Back building consists of 2 units (1 ground level, 1 bedroom + 1 split-level, 1+1 bedroom). Excellent income and strong capitalization rate. Recent windows, siding, roof, flooring, paint; you name it, it's done. Lots of parking. Access to public transport, high-speed internet. This property uniquely features frontage on the Annapolis River, a big bonus for potential future development. Priced to sell; qualified buyers should contact for financials and additional information. Don't sleep on this one!
Directions: From Highway 101, Exit 19: South on Elliott Road to Highway 1 (Main St.), East to Civic/Sign (in Town centre)
Listing Courtesy of: RE/MAX Banner Real Estate
Last updated on 08-10-2023 1:28:26 p.m. (UTC)