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$ 779,000
Est. payment | /mo
0.62 Acres Lot
$ 779,000
Est. payment | /mo
0.62 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Annapolis Royal
MLS® Listing ID 202419153
Originating Board Nova Scotia Association of REALTORS®
Year Built 1870
Lot Size 0.615 Acres
Acres 26802.469
Property Description
Known as 'The Gables' this beautiful and historic (early to mid 1800's) four-plex offers the finest apartments in Annapolis Royal. This wonderful, classic building has a stately curb appeal and presence in this town. Excellent rental history with high-quality tenants; always a lineup and waiting list when these sought-after character-filled apartments become available. Additionally, there is significant upward room in the current rental ceiling. Averaging ~1200sqft per unit there is ample space in each 2 bedroom apartment; wide hallways, large rooms & high ceilings, and each has windows in 3 cardinal directions. All units boast gleaming real hardwood floors, a handsome fireplace (non-functional), spacious bedrooms, dining room & living room (most 15'+ x 18'+). Many upgrades through the years, including new roof (2023), exterior paint (2024), interior paint, vanities, LED lighting, plumbing, fire alarm system, and more. Plenty of paved parking outside for tenants & guests on this spacious lot with lovely landscaping and old stone walls. This is a PRIME building in a PRIME location! Easy walking distance to health centre, school, historic gardens, churches, restaurants/cafes/bakeries, museums, pool, theatre, walking trails, amphitheatre, and all other amenities offered in historic & vibrant Annapolis Royal. Municipal water/sewer. Fibre-op internet is available. A very special investment opportunity to carry forward 'The Gables' honoured legacy - you could perhaps even live in one of the apartments if you're lucky enough that one becomes available! (id:24570)
Location
Province NS
Interior
Flooring Ceramic Tile, Hardwood
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Banner Real Estate