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446 St George Street Annapolis Royal, Nova Scotia B0S 1A0

Air Conditioned, Heat Pump

$865,000

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:45785)

Property Details

MLS® Number 202606175
Property Type Multi-family
Community Name Annapolis Royal
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Community Features Recreational Facilities, School Bus
Equipment Type Propane Tank, Other
Features Gazebo, Sump Pump
Rental Equipment Type Propane Tank, Other
Structure Shed

Building

Amenities Fireplace(s)
Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1876
Cooling Type Air Conditioned, Heat Pump
Exterior Finish Wood Siding
Flooring Type Carpeted, Engineered Hardwood, Hardwood, Linoleum
Foundation Type Concrete Perimeter, Stone, Unknown
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Sewer Municipal Sewage System
Size Irregular 0.5337
Size Total 0.5337 Ac
Size Total Text 0.5337 Ac

https://www.realtor.ca/real-estate/29549298/446-st-george-street-annapolis-royal-annapolis-royal

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Vanessa Duprey

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Royal LePage Atlantic (Greenwood)
775 Central Avenue
Greenwood, Nova Scotia B0P 1R0

(902) 765-7777
(902) 765-0994
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Rowan Duprey

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Royal LePage Atlantic (Greenwood)
775 Central Avenue
Greenwood, Nova Scotia B0P 1R0

(902) 765-7777
(902) 765-0994
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