499 Main Street, Mahone Bay, Nova Scotia B0J 2E0

Listed for:
$649,900
0 beds
0 baths
Listed 40 days ago
Triplex for rent: 499 Main Street, Mahone Bay, Nova Scotia B0J 2E0

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Learn more about this property
Listing provided by:
Century 21 Optimum Realty
MLS® number:
202528060
Agent:
Rob Lough
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About

Main Street Mahone Bay next to the Town Hall This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit, currently vacant) and a 2-bedroom unit upstairs, each equipped with separate electrical and water meters ensuring tenants pay their own utilities and minimizing landlord operating expenses. Located in one of Nova Scotia's most desirable coastal communities, the property offers walkable access to Mahone Bay's picturesque waterfront, unique shops, restaurants, and vibrant community events, making it highly attractive to both renters and potential owner-occupiers. The owner-occupancy option provides a compelling advantage, allowing you to live in one unit while generating rental income from the other two, effectively reducing your personal housing costs while maintaining hands-on property management and potentially qualifying for tax benefits. With stable rental demand driven by Mahone Bay's historically low vacancy rates, tenant-paid utilities, dedicated parking for all units, and strong potential for long-term appreciation in this thriving coastal market, this triplex represents a rare opportunity to establish yourself in a sought-after community while building equity through a sound real estate investment that offers both immediate cash flow and future growth potential. (id:27476)

Property Highlights

MLS® Number
202528060
Type
Multi-family
Community Name
Mahone Bay
Ownership Type
Freehold
Land Size
0.15 ac

Building

Building Type
Triplex
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Partial (Unfinished)
Basement Features
Walk out
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location