14525 Highway 1, Wilmot, Nova Scotia

$395,000

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0.78

Acres

About 14525 Highway 1

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. (id:36535)

Features of 14525 Highway 1

Listing # 202617013
Price $395,000
Bathrooms 0.00
Acres 0.78
Year Built 1947
Type Multi-family
Sub-Type Freehold

Community Information

Address 14525 Highway 1
Subdivision Wilmot
City Wilmot
Province Nova Scotia
Postal Code B0P1W0

Amenities

Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Heating Electric, Oil Baseboard heaters, Forced air, Furnace, Heat Pump, Hot Water, In Floor Heating
Fireplace No
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Vinyl
Foundation Concrete Perimeter

Listing Details

OfficeCourtesy Of RE/MAX Banner Real Estate(Annapolis Royal)

Listing Map