324 St. George Street Annapolis Royal, Nova Scotia B0S 1A0

Air Conditioned, Heat Pump

$1,275,000

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:40687)

Property Details

MLS® Number 202415884
Property Type Multi-family
Community Name Annapolis Royal
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Community Features Recreational Facilities, School Bus

Building

Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1922
Cooling Type Air Conditioned, Heat Pump
Exterior Finish Wood Siding
Flooring Type Hardwood, Vinyl
Foundation Type Concrete Perimeter, Stone
Type Apartment
Utility Water Municipal Water

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Sewer Municipal Sewage System
Size Irregular 0.1963
Size Total 0.1963 Ac
Size Total Text 0.1963 Ac

https://www.realtor.ca/real-estate/27130899/324-st-george-street-annapolis-royal-annapolis-royal

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