$1,275,000 FOR SALE

Multiplex

324 St. George Street
Annapolis Royal, NS B0S 1A0

Nestled in the heart of downtown Annapolis Royal, directly across from the renowned Fort Anne National Historic Site, this exceptional investment property seamlessly blends historic charm with modern efficiency. The building comprises three ground-level, high-traffic commercial units that enjoy steady footfall from the bustling tourist scene, along with a convenient ground-level apartment, four spacious second-level apartments, and a well-organized self-storage facility in the basement. Recently updated with all vinyl windows and fresh exterior paint, the property exudes curb appeal while ensuring energy efficiency and low maintenance. A portion of the roof has also been recently replaced, adding to the overall durability and upkeep of the building. Inside, high ceilings and superior construction are complemented by meticulous maintenance. Each unit features separate power meters, facilitating straightforward management and billing. The commercial units are further enhanced with modern heat pumps, offering efficient heating and cooling solutions. Boasting an established history of excellent tenants and robust rental performance, this property represents a rare opportunity for investors seeking a turn-key operation with solid financials from day one. Whether you aim to expand your portfolio or secure a prime piece of Annapolis Royal real estate, this property promises consistent returns and a strategic location that leverages both local and tourist traffic. (id:47423)

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Listed By RE/MAX Banner Real Estate
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202415884
Last Updated Aug 07, 2024
Property Summary
Property Type Multiplex

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Community Annapolis Royal
Price History
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Detailed Information
Amenities Nearby Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach
Community Features Recreational Facilities, School Bus
Listing Contract Date 2024-07-03
Location Description From Highway 101: Exit 22, head North to Downtown Annapolis Royal. Tripp's Gallery/ RE/MAX office.
Municipal ID 05002415
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1922
Cooling Type Air Conditioned, Heat Pump
Exterior Finish Wood siding
Flooring Type Hardwood, Vinyl
Foundation Type Concrete Perimeter, Stone
Type Apartment
Utility Water Municipal water
Land
Total Size 0.1963 acres
Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach
Sewer Municipal sewage system
Size of Irregular Land 0.1963

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