9459 Highway 3 Maders Cove, Nova Scotia B0J 2E0
$399,900
Originally a school house then later a tea room until converted to a home late 1900's. The house recently went through a major renovation which included a back to the studs renovation on the second floor, plus the addition of new insulation, two new electrical services, new plumbing, new wiring, new light fixtures, new flooring, new drywall and paint, custom kitchen, new bathroom, new windows, new doors, two new outside entrances and more. The upstairs is currently owner occuplied but would rent for 2000/month plus utilities. The current rent amounts would support the asking price at a 7% cap rate. Would also make an excellent owner occupied rental ideal for a single,couple or family starting out. Rare opportunity to purchase real estate under 400k in the Mahone Bay/Maders Cove area.Complimented with parking for 4-5 cars would make an ideal location for Airbnb which would further increase the revenue potential. Enjoy low taxes but bery close to Mahone Bay and only 6-8 min from Lunenburg. Recent other upgrades include pressure tank, two new hot water heaters, water treatment system and more. (id:45785)
Property Details
| MLS® Number | 202324171 |
| Property Type | Multi-family |
| Community Name | Maders Cove |
| Amenities Near By | Public Transit, Place Of Worship |
| Community Features | School Bus |
| Features | Balcony, Sump Pump |
| Structure | Shed |
Building
| Appliances | Oven, Stove, Dryer, Washer, Microwave Range Hood Combo, Refrigerator |
| Basement Type | Crawl Space |
| Exterior Finish | Vinyl |
| Flooring Type | Laminate |
| Foundation Type | Stone |
| Type | Duplex |
| Utility Water | Ground-level Well |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Public Transit, Place Of Worship |
| Sewer | Septic System |
| Size Irregular | 0.241 |
| Size Total | 0.241 Ac |
| Size Total Text | 0.241 Ac |
https://www.realtor.ca/real-estate/26289764/9459-highway-3-maders-cove-maders-cove
Interested?
Contact us for more information
Eric Meredith
(902) 446-3595
https://www.ericmeredith.com/
https://www.facebook.com/EricMeredithRealEstate/
https://ca.linkedin.com/in/eric-meredith-2521141a
https://twitter.com/Eric_Meredith1?s=09
544 Main Street, Unit 1
Mahone Bay, Nova Scotia B0J 2E0
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November 17 2023 04:45:26
Nova Scotia Association of REALTORS®
Keller Williams Select Realty(Mahone Bay)