7402 3 Highway, Martins River, Nova Scotia

$589,000

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0.95

Acres

About 7402 3 Highway

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. (id:36535)

Features of 7402 3 Highway

Listing # 202620769
Price $589,000
Bathrooms 0.00
Acres 0.95
Type Multi-family
Sub-Type Freehold

Community Information

Address 7402 3 Highway
Subdivision Martins River
City Martins River
Province Nova Scotia
Postal Code B0J2E0

Amenities

Features Balcony
Parking Gravel, Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Appliances Range - Electric, Refrigerator
Heating Electric Baseboard heaters, Heat Pump, Ductless
Cooling Air Conditioned
Fireplace No
Has Basement Yes
Basement Type Crawl space

Exterior

Exterior Vinyl
Foundation Concrete Perimeter

Listing Details

OfficeCourtesy Of Engel & Volkers (Lunenburg)

Listing Map