For Sale: 14525 1 Highway, Wilmot, NS - REW
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$395,000
0 bd ba sf Multifamily
$395,000

14525 Highway 1Wilmot, NS, B0P 1W0

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Triplex + detached commercial space (currently a music store) and a small garage, all on an oversize lot, close to the amenities of Middleton & Kingston in the fast-growing central Annapolis Valley. Summary of units: One 1-BR (front, lower level, $1000/m), One 2-BR (upper floor, $1000/m), One 3-BR (rear, lower level, $1800/m). Seller currently operates a music store from the detached commercial space - so there is further potential upside to rental income. Several music rehearsal rooms in basement + detached music store could both possibly be converted into additional residential unit(s). If you're interested in acquiring the music store inventory and business/good-will it can be further discussed/negotiated with the owner (not included in the asking price). Septic system is over-engineered (able to potentially accommodate additional units) and recent (~2011). New heat pump in front residential unit and music store. New metal roof on music store. Property will need some TLC here and there; reflected in asking price. (id:63626)
Listed by: Philipp Schnetzer, RE/MAX Banner Real Estate(Annapolis Royal)

Home facts and features

Price details
List Price
$395,000
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Gravel
Property Type
Multifamily
Lot Size
34172 ft²
Depth
Year Built
Built in 1947 (79 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Heat Pump, Baseboard heaters, Forced air, In Floor Heating, Oil, Electric, Hot Water, Furnace
Basement Details
Partially finished, Full
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
RE/MAX Banner Real Estate(Annapolis Royal)
Listing details
Days on REW
58 Days
MLS® Number
202617013
Source
Canadian Real Estate Association
Board
Nova Scotia Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Kingston & District School
  • n/a
  • K - 5
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