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Katie VanNes

katie@mostreferred.expert +1(604) 855-8228

$ 865,000

Est. payment | -/mo

0.53 Acres Lot

Save Virtual Tour

$ 865,000

Est. payment | -/mo

Save Virtual Tour

0.53 Acres Lot

Key Details

Property Type Multi-Family, Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Subdivision Annapolis Royal

MLS® Listing ID 202606175

Year Built 1876

Lot Size 0.534 Acres

Acres 0.5337

Property Sub-Type Condo

Property Description

A historic mansion with excellent income generating opportunities awaits at this stunning century property, ideally located in one of the Annapolis Valley's most picturesque historic areas. Located in charming Annapolis Royal, 2 blocks from the ocean and directly across from the renowned historic gardens, this unique offering features five tenant-occupied units, including an impressive owners residence spanning three storeys. The main quarters boast 10-foot ceilings, historic woodwork, a charming propane fireplace, three bedrooms, two inviting living rooms, a formal dining room and thoughtful modern updates: energy-efficient heat pumps, a custom chef's kitchen with quartz countertops and beautifully renovated bathrooms. Timeless character has been carefully preserved throughout, highlighted by 3 impressive, arched bay windows, original maple floors, elegant antique chandeliers, and well-designed closet, laundry, and storage spaces. At the rear of the original building, well-separated from the main home, four one-bedroom rental units have their own heat pumps. Some have recent updates, including refreshed flooring and bathrooms, providing comfortable, attractive living spaces for tenants. This versatile property offers multiple possibilities: enjoy an expansive owner-occupied residence with additional income, along with the the option to re-integrate one or more units for additional living space, or maintain the current 5-unit rental configuration as a turn-key income-producing investment. With a proven track record of long-standing rental income and Air BNB success, low operating costs, low vacancy and stable tenancy, much of the heavy lifting has already been completed, making this a seamless transition for the next owner. A rare opportunity in one of Nova Scotias most charming waterfront towns near the Bay of Fundy this property is truly a must see for the buyer seeking character, flexibility, and strong income potential. (id:24570)

Location

Province NS

Rooms

Kitchen 0.0

Interior

Heating Furnace, Heat Pump, Ductless, Hot Water, , ,

Cooling Air Conditioned

Flooring Carpeted, Engineered hardwood, Hardwood, Linoleum

Exterior

Parking Features No

Community Features Recreational Facilities, School Bus

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://youtu.be/VAzFhueDVTY

Listed by Royal LePage Atlantic (Greenwood)

NEARBY PROPERTIES

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

446 St George Street Annapolis Royal, NS B0S1A0

Katie VanNes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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446 St George Street