About this home

Calling all contractors and value-add investors! Realize the full potential of this income-producing asset strategically located between the growing communities of Berwick and Greenwood. Offering immediate cash flow today and development opportunity for tomorrow, this is the versatile Valley investment youve been waiting for. Composed of two, 1-bedroom units and two, 2-bedroom units, new ownership could inherit immediate income streams from tenanted units while improving the asset through phased renovation. Beyond the current living spaces, an attached unfinished two-storey storage space provides an excellent canvas for conversion or creative utilization. Location is key for tenant retention, and this property delivers. Offering short commutes to neighbouring communities, tenants also benefit from public transit access just steps away. Investors looking to the future will recognize the significant opportunity presented by the expansive stretch of Maple Avenue frontage. The land offers potential development opportunity, subject to county approvals and zoning verification. This property is truly awaiting a professional contractor's touch to realize its absolute maximum potential. Seize this opportunity to build equity and income in a growing location. (id:63626)

Listed by: Janna Pantella, Engel & Volkers (Wolfville)

Home facts and features

Price details

List Price

$395,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s)

Property Type

Multifamily

Lot Size

32974 ft²

Depth

Year Built

Built in 1911 (115 yrs old)

Title

Freehold

Exterior Finish

Wood siding

Heating Type

Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace

Basement Details

Cellar

Appliances

Dryer - Electric, Refrigerator, Stove, Washer

Agent details

Primary Agent

Janna Pantella

Primary Broker

Engel & Volkers (Wolfville)

Secondary Agent

Sebastien Latulippe

Secondary Broker

Engel & Volkers

Tertiary Agent

Judy Martin

Tertiary Broker

Engel & Volkers (Wolfville)

Listing details

Days on REW

27 Days

MLS® Number

202623188

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

2 Schools are within 3km

St. Mary's Elementary School

n/a
K - 5

West Kings District High School

n/a
9 - 12

2532 1 HighwayAylesford, NS, B0P 0A8