Nestled in the heart of downtown Annapolis Royal, directly across from the renowned Fort Anne National Historic Site, this exceptional investment property seamlessly blends historic charm with modern efficiency. The building comprises three ground-level, high-traffic commercial units that enjoy steady footfall from the bustling tourist scene, along with a convenient ground-level apartment, four spacious second-level apartments, and a well-organized self-storage facility in the basement. Recently updated with all vinyl windows and fresh exterior paint, the property exudes curb appeal while ensuring energy efficiency and low maintenance. A portion of the roof has also been recently replaced, adding to the overall durability and upkeep of the building. Inside, high ceilings and superior construction are complemented by meticulous maintenance. Each unit features separate power meters, facilitating straightforward management and billing. The commercial units are further enhanced with modern heat pumps, offering efficient heating and cooling solutions. Boasting an established history of excellent tenants and robust rental performance, this property represents a rare opportunity for investors seeking a turn-key operation with solid financials from day one. Whether you aim to expand your portfolio or secure a prime piece of Annapolis Royal real estate, this property promises consistent returns and a strategic location that leverages both local and tourist traffic. (id:4069)
Address
324 St. George Street
List Price
$1,275,000
Property Type
Multi-family
Type of Dwelling
Apartment
Area
Nova Scotia
Sub-Area
Annapolis Royal
Lot Size
0.1963 Sq. Ft.
Year Built
1922
MLS® Number
202415884
Listing Brokerage
RE/MAX Banner Real Estate
Basement Area
Full (Finished)
Postal Code
B0S1A0
Site Influences
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach
