About 7402 3 Highway
Located just minutes from the town of Mahone Bay, this multi-unit apartment house in the heart of Martins River has had numerous upgrades in recent years including: roofing (metal and asphalt) drywall, kitchens, baths, flooring and ductless heat-pumps. The building consists of five one-bedroom units totaling 2,600 sq. ft. with all units fully occupied. The property has ample parking, a large back yard and adjacent the building a 24 ft. by 24 ft detached garage. The land is comprised of two side-by-side lots: one occupied by the building consisting of 15,500 sq. ft. of level land and the second vacant parcel consisting of 25,800 sq. ft. for a total of just under one acre of land. This property would lend itself for further expansion - either for residential use or for any number of commercial enterprises. The convenient location has always insured stable occupancy and revenue.
Features of 7402 3 Highway
| MLS® # | 202620769 |
|---|---|
| Price | $589,000 |
| Bedrooms | 6 |
| Acres | 0.95 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 7402 3 Highway |
|---|---|
| Area | South Shore |
| District | 405-Lunenburg County |
| Sub-District | B3 |
| City | Martins River |
| County | Lunenburg |
| Province | NS |
| Postal Code | B0J 2E0 |
Amenities
| Utilities | Power, Electricity Connected |
|---|---|
| Parking | Gravel, Parking Spaces(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage |
|---|---|
| Appliances | Electric Range, Refrigerator, Stove |
| Heating | Baseboard, Ductless |
| Cooling | Air Conditioning |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Crawl Space |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | 0.5 to 0.99 Acres |
| Roof | Metal |
| Construction | Vinyl Siding |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | res |
|---|
Listing Details
| Office | Engel & Volkers (Lunenburg) |
|---|