About 2857 Highway 308
Attention Investors!! This is your chance to own what was at one time "Amirault's Hill Elementary School" and has since become the investment opportunity you have been waiting for! Currently there are 6 fully rented apartments ((5) 2 bedrooms + (1) 1 bedroom) generating an immediate positive cash flow with LOTS of room for expansion here. The property has a drilled well (with a newly installed pressure tank) in addition to a secondary dug well. The septic system has a 10,000 gallon tank (field bed located under ball field.) A large section of the roof was recently re-shingled as well. Price adjustment has been made to reflect the extensive electrical upgrade to the property. Upgrade includes new 400amp single phase electrical service as well as 7 new 100amp power meters; one for each unit and one for the remainder of the building.
Features of 2857 Highway 308
| MLS® # | 202317271 |
|---|---|
| Price | $269,900 |
| Bedrooms | 11 |
| Acres | 4.63 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Closed |
| Date Sold | June 28th, 2024 |
Community Information
| Address | 2857 Highway 308 |
|---|---|
| Area | Yarmouth |
| District | Hwy 308 South |
| Sub-District | Amiraults Hill |
| City | Amiraults Hill |
| County | Yarmouth |
| Province | NS |
| Postal Code | B0W 3M0 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Parking Spaces(s), Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Multi-Use Rooms |
|---|---|
| Appliances | Stove, Refrigerator |
| Heating | Baseboard, Ductless |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Lot Description | 1 to 2.99 Acres |
|---|---|
| Roof | Asphalt |
| Construction | Shingle Siding |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | Commercial |
|---|
Listing Details
| Office | Modern Realty |
|---|