14525 Highway 1, Wilmot, NS

$395,000

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6

Beds

0.78

Acres

About 14525 Highway 1

Triplex + detached commercial space (currently a music store) and a small garage, all on an oversize lot, close to the amenities of Middleton & Kingston in the fast-growing central Annapolis Valley. Summary of units: One 1-BR (front, lower level, $1000/m), One 2-BR (upper floor, $1000/m), One 3-BR (rear, lower level, $1800/m). Seller currently operates a music store from the detached commercial space - so there is further potential upside to rental income. Several music rehearsal rooms in basement + detached music store could both possibly be converted into additional residential unit(s). If you're interested in acquiring the music store inventory and business/good-will it can be further discussed/negotiated with the owner (not included in the asking price). Septic system is over-engineered (able to potentially accommodate additional units) and recent (~2011). New heat pump in front residential unit and music store. New metal roof on music store. Property will need some TLC here and there; reflected in asking price.

Features of 14525 Highway 1

MLS® # 202617013
Price $395,000
Bedrooms 6
Acres 0.78
Year Built 1947
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 14525 Highway 1
Area Annapolis Valley
District Annapolis County
Sub-District V3
City Wilmot
County Annapolis
Province NS
Postal Code B0P 1W0

Amenities

Utilities Electricity Connected
Parking Gravel, Driveway
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Heating Baseboard, Forced Air, Furnace, Heat Pump, Hot Water, In Floor
Fireplace No
Has Basement Yes
Basement Full, Partially Finished

Exterior

Lot Description 0.5 to 0.99 Acres
Roof Asphalt, Metal
Construction Vinyl Siding
Foundation Concrete Perimeter

Additional Information

Zoning C-2

Listing Details

OfficeRE/MAX Banner Real Estate(Annapolis Royal)

Listing Map

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