499 Main Street, Mahone Bay, Nova Scotia, CA

Address: 499 Main Street, Mahone Bay, Nova Scotia

0 Beds0 Baths0 sqftStatus: Buy
Price $649,900

Property Overview


Additional Photos will be added on Wednesday the 19th. This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit, currently vacant) 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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Triplex
Community Name
Mahone Bay
Title
Freehold
Land Size
0.15 ac
Built in
1895
Parking Type
Gravel
Building
Interior Features
Flooring
Laminate, Wood
Basement Features
Walk out
Basement Type
Partial (Unfinished)
Building Features
Foundation Type
Stone
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Parking
Parking Type
Gravel
Features
           Gravel            Walk out
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Your Home Finance Calculation

Property Price CA $649,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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