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Listed by Dawna Candelora • RE/MAX Nova
$3,500,000
Est. payment /mo
4.39 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial (Other)
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202527267
HOA Y/N No
Year Built 2016
Lot Size 4.394 Acres
Acres 4.394
Property Sub-Type Commercial (Other)
Source Nova Scotia
Property Description
Excellent investment opportunity to acquire a 12-unit condominium building situated on a spacious lot with room to add additional units or construct another building (subject to approvals). Built approximately nine years ago, the property requires some repairs and updates but offers significant upside potential. Investors can choose to maintain it as a 12-unit rental property for steady income or renovate and sell each unit individually for profit. The building backs onto the site of a future golf course, enhancing long-term value, and is located in a revitalizing neighbourhood experiencing new development, infrastructure upgrades, and rising demand - making this a strong value-add opportunity for those seeking growth and appreciation.
Location
Province NS
County Hants
Area Hants County
Region Annapolis Valley
City Region Annapolis Valley
Interior
Heating Forced Air, Heat Pump, In Floor
Flooring Concrete
Equipment No Rental Equipment
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Roof Type Asphalt
Accessibility Wheelchair Accessible
Garage No
Private Pool No
Parking Type Gravel
Building
Lot Description 3 to 9.99 Acres
Story 3
Sewer Septic Tank
Water Well
New Construction No
Others
Ownership Freehold
ParcelsYN No
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