446 St George Street, Annapolis Royal, Nova Scotia B0S 1A0

Listed for:
$865,000
0 beds
0 baths
Listed 44 days ago
Apartment for rent: 446 St George Street, Annapolis Royal, Nova Scotia B0S 1A0

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About

From Hwy 101 take Exit 22 toward Trunk 8 to Lequille/Annapolis Royal to civic on right side. A historic mansion with excellent income generating opportunities awaits at this stunning century property, ideally located in one of the Annapolis Valley's most picturesque historic areas. Located in charming Annapolis Royal, 2 blocks from the ocean and directly across from the renowned historic gardens, this unique offering features five tenant-occupied units, including an impressive owners residence spanning three storeys. The main quarters boast 10-foot ceilings, historic woodwork, a charming propane fireplace, three bedrooms, two inviting living rooms, a formal dining room and thoughtful modern updates: energy-efficient heat pumps, a custom chef's kitchen with quartz countertops and beautifully renovated bathrooms. Timeless character has been carefully preserved throughout, highlighted by 3 impressive, arched bay windows, original maple floors, elegant antique chandeliers, and well-designed closet, laundry, and storage spaces. At the rear of the original building, well-separated from the main home, four one-bedroom rental units have their own heat pumps. Some have recent updates, including refreshed flooring and bathrooms, providing comfortable, attractive living spaces for tenants. This versatile property offers multiple possibilities: enjoy an expansive owner-occupied residence with additional income, along with the the option to re-integrate one or more units for additional living space, or maintain the current 5-unit rental configuration as a turn-key income-producing investment. With a proven track record of long-standing rental income and Air BNB success, low operating costs, low vacancy and stable tenancy, much of the heavy lifting has already been completed, making this a seamless transition for the next owner. A rare opportunity in one of Nova Scotias most charming waterfront towns near the Bay of Fundy this property is truly a must see for the buyer seeking character, flexibility, and strong income potential. (id:27476)

Property Highlights

MLS® Number
202606175
Type
Multi-family
Community Name
Annapolis Royal
Ownership Type
Freehold
Land Size
0.5337 ac

Building

Building Type
Apartment
Amenities
Fireplace(s) Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship, Beach
Exterior Finish
Wood siding
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type
Air Conditioned, Heat Pump

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Royal LePage Atlantic (Greenwood)
MLS® number:
202606175
Agent:
Vanessa Duprey
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