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Listed by Colin Crowell • RE/MAX Banner Real Estate

$ 1,275,000

Est. payment -/mo

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

6 Beds

8,550 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202415884

Bedrooms 6

HOA Y/N No

Year Built 1922

Lot Size 8,550 Sqft

Acres 0.1963

Property Sub-Type Multi Family

Source Nova Scotia

Property Description

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.

Location

State NS

County Annapolis

Area Annapolis County

Zoning CG

Region Annapolis Valley

City Region Annapolis Valley

Rooms

Basement Full, Finished

Bedroom 2 6972

Dining Room 93144

Kitchen 4, 696

Interior

Interior Features Storage

Heating Baseboard, Ductless

Cooling Air Conditioning

Flooring Hardwood, Vinyl

Inclusions Appliances In All Units (Fswd X5, Dw X1)

Equipment No Rental Equipment

Fireplace No

Appliance Stove, Dishwasher, Dryer, Washer, Refrigerator, Microwave

Exterior

Community Features Golf, Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Beach

Utilities Available Electricity Connected

View Y/N No

Roof Type Rolled/Hot Mop

Garage Yes

Private Pool No

Building

Lot Description Under 0.5 Acres

Story 2

Foundation Concrete Perimeter, Stone

Sewer Municipal

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No

Contact The Agent Below

Contact The Agent Below

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

Key Details

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Rooms

Interior

Exterior

Building

Others

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324 St. George St