+31 more
0.15 ac
Lot
1896
Year Built
About This Property
This multi-family in Mahone Bay offers a 0.15 ac lot. Built in 1896. The property has lot dimensions of 0.15. The home features laminate and wood flooring, a unfinished, partial, walk out basement.
MLS Remarks
This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit and a 2-bedroom unit upstairs, each equipped with separate electrical and water meters ensuring tenants pay their own utilities and minimizing landlord operating expenses. Located in one of Nova Scotia's most desirable coastal communities, the property offers walkable access to Mahone Bay's picturesque waterfront, unique shops, restaurants, and vibrant community events, making it highly attractive to both renters and potential owner-occupiers. The owner-occupancy option provides a compelling advantage, allowing you to live in one unit while generating rental income from the other two, effectively reducing your personal housing costs while maintaining hands-on property management and potentially qualifying for tax benefits. With stable rental demand driven by Mahone Bay's historically low vacancy rates, tenant-paid utilities, dedicated parking for all units, and strong potential for long-term appreciation in this thriving coastal market, this triplex represents a rare opportunity to establish yourself in a sought-after community while building equity through a sound real estate investment that offers both immediate cash flow and future growth potential. (id:60351)
Overview
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