8158 Route 1 Meteghan, Nova Scotia B0W 2J0

6 Bedroom 4 Bathroom
Heat Pump Acreage Partially Landscaped


INVESTOR ALERT: 6.3% CAP RATE. This well maintained & upgraded Victorian fourplex is perched on a hill with stunning ocean & sunset views from all units, making it a sought after rental. Annual Gross Rents (4 units): $31,260. Annual Expenses: Insurance $1,920, Taxes $2,700, Lawn/Snow removal $840), Maintenance $600). Rents less expenses = $24,440. Tenants pay own heat and lights on 4 separate meters. Downstairs 2 bdrm units have separate oil furnaces. Upstairs 1 bdrm units are baseboard and unit 4 has a (2019) Fujitsu heat pump (paid in full). 2019 updates: Back roof replaced, 2 new fibreglass oil tanks, seamless gutters, new water pump tank and all new modern lighting, chandeliers and plumping fixtures in units 2 & 4. 2020 update: New chimney cap. Extensive list of recent improvements available upon request, making this a TURNKEY INVESTMENT. On municipal sewer and shared well with great neighbour sfd. Meteghan is an established lobster fishing town. 30 mins to Yarmouth, 45 mins to Digby and 3 hrs to Halifax. The house is on a bus route and walking distance to post office, library, credit union and groceries. The property includes a large shed, ample parking and a large partially wooded, scenic back lot. Act Fast on this exceptional opportunity in a picturesque oceanside town! (id:40687)

Property Details

MLS® Number 202218327
Property Type Single Family
Community Name Meteghan
Amenities Near By Golf Course, Park, Playground, Shopping, Place Of Worship
Community Features School Bus
View Type Ocean View


Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Stove, Dryer, Washer, Refrigerator
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1918
Construction Style Attachment Detached
Cooling Type Heat Pump
Exterior Finish Wood Shingles
Flooring Type Carpeted, Hardwood, Laminate, Vinyl
Foundation Type Stone
Stories Total 2
Total Finished Area 2615 Sqft
Type House
Utility Water Dug Well, Shared Well


Acreage Yes
Land Amenities Golf Course, Park, Playground, Shopping, Place Of Worship
Landscape Features Partially Landscaped
Sewer Municipal Sewage System
Size Total Text 1 - 3 Acres


Level Type Dimensions
Second Level Bedroom 7x10.4 + 3x6
Second Level Kitchen 16x11 + 4x3
Second Level Other Pantry 5x3
Second Level Other Nook 3.5x3.5
Second Level Bath (# Pieces 1-6) 4.4x7.5
Second Level Laundry Room Dormer 4.6x2.4
Second Level Other Curved Hall 3x5
Second Level Living Room 12x13 + 6x2.5 + 12x2.5
Second Level Other Entry 7.3x3.7
Second Level Other Stairwell 12.5x3
Second Level Bedroom 8.3x8.2
Second Level Bedroom Primary 9x11.8 + 8x2
Second Level Kitchen 16.2x9.7 + 2x5
Second Level Living Room 12x11.4 + 6.8x2.4
Second Level Bath (# Pieces 1-6) 8.3x8.2
Second Level Other Entry 5.5x3.5 + 3x2.5
Main Level Bedroom 10x10 + 8x2
Main Level Kitchen 12.9x9.7 + 9.9x2.2
Main Level Kitchen Nook 3.8x3.6 + 2.5x4.7
Main Level Kitchen Closets 4x3 + 3x3
Main Level Bath (# Pieces 1-6) 9.3x5.1
Main Level Living Room 13x11 + 6.9x5.2
Main Level Other Closet 11x2.5
Main Level Bedroom 8.4x8.4
Main Level Bedroom Primary 11.7x9.7 + 8x2
Main Level Kitchen 14.2x16.1 + 4.9x2
Main Level Living Room 15.2x10.1 + 3.5x4.7
Main Level Living Room Plus 5.5x3.4 + 5.5x2.4
Main Level Bath (# Pieces 1-6) 7.3x7.2
Main Level Other Entry 5x5



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