$975,000

68 Spruce Street, Mahone Bay, Nova Scotia

202516867

MLS® Number

94

Days on Website

For Sale

Listing Type

$975,000 | Mahone Bay Mahone Bay Apartment for Sale at 68 Spruce Street Mahone Bay

Exceptional Investment Opportunity 6-Unit Apartment Building in Mahone Bay This is a rare opportunity to own a well-maintained, fully leased 6-unit apartment building in the heart of Mahone Bay one of Nova Scotias most iconic and desirable oceanfront communities. Perfect for out-of-province and international buyers, this property is exempt from the 10% Non-Resident Deed Transfer Tax. Situated on a 0.26-acre lot, the property offers a combination of charm, functionality, and investment potential. The building features six spacious units, each approximately 800 square feet, with two bedrooms, one full bath, a bright living room, and an eat-in kitchen. Tenants enjoy off-street paved parking, coin-operated laundry, and individual storage lockers. The building is connected to municipal water and sewer, offering added convenience for owners and tenants alike. The property has been very well maintained, with recent upgrades including attic insulation, a vapor barrier in the crawl space, newer windows, a newer furnace, hot water tank, and oil tank. Located within easy walking distance to all of Mahone Bays amenities including grocery stores, the post office, pharmacy, restaurants, and the scenic waterfront this property delivers on both lifestyle and investment value. With consistent rental demand and minimal vacancy, this turn-key asset is an excellent addition to any real estate portfolio and a smart investment in one of Nova Scotias most sought-after communities. (id:6289)

Financial and Mortgage

List Price $975,000
Original Price $975,000
Monthly Payment $4,066/month
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Days on Website 94

68 Spruce Street Details

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Construction and Lot

Year Built 1971
Bathrooms 0.00
Parking Paved Yard
Has Basement No
Foundation Concrete Perimeter
Exterior Vinyl

Exterior of 68 Spruce Street

Type Multi-family
Sub-Type Freehold
Amenities Park, Playground, Shopping, Place of Worship, Beach, Storage - Locker

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Fireplace No

Mahone Bay Information

About Mahone Bay in Mahone Bay

Address 68 Spruce Street
Subdivision Mahone Bay
City Mahone Bay
Province Nova Scotia
Postal Code B0J2E0
Amenities Park, Playground, Shopping, Place of Worship, Beach, Storage - Locker
Office/Brokerage Red Door Realty

About Condo Complex

Amenities Recreational Facilities, School Bus
Community Features Recreational Facilities, School Bus

Mahone Bay Map, Demographics, Characteristics

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