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For sale
  • C$1,275,000

    324 Saint George St, Annapolis Royal, NS B0S 1A0

    6beds
    --baths
    4,588sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    C$278/sqft
    C$-- HOA

    What's special

    Ground-level apartmentSpacious second-level apartmentsWell-organized self-storage facilityVinyl windowsFresh exterior paintHigh ceilingsSuperior construction
    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.
    295 days
    on Zillow
    |
    56
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 05, 2024 at 07:21am

    Listed by:

    Colin Crowell,

    RE/MAX Banner Real Estate Brokerage

    Source: NSAR,MLS®#: 202415884MLS LogoOriginating MLS®#: Nova Scotia Association of REALTORS®
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Heating
    • Baseboard, Heat Pump -Ductless
    Cooling
    • Air Conditioning
    Appliances
    • Included: Stove, Dishwasher, Dryer, Washer, Refrigerator, Microwave
    Features
    • Storage
    • Flooring: Hardwood, Vinyl
    • Basement: Full,Finished
    Interior area
    • Total structure area: 4,588
    • Total interior livable area: 4,588 sqft

    Property

    Parking
    • Parking features: Paved, Parking
    • Has attached garage: Yes
    • Details: Parking Details(4 Spaces And Road), Garage Details(Attached Single)
    Features
    • Stories: 2
    Lot
    • Size: 8,550.83 Square Feet
    • Features: Under 0.5 Acres, Near Public Transit
    Details
    • Parcel number: 05002415
    • Zoning: CG
    • Other equipment: No Rental Equipment

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter, Stone
    • Roof: Rolled/Hot Mop
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Municipal
    • Water: Municipal
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Golf, Park, Playground, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Beach
    Location
    • Region: Annapolis Royal

    Financial & listing details

    • Price per square foot: C$278/sqft
    • Price range: C$1.3M - C$1.3M
    • Date on market: 7/5/2024
    • Inclusions: Appliances In All Units (Fswd X5, Dw X1)
    • Ownership: Freehold
    • Total actual rent: 93144
    • Electric utility on property: Yes
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