2532 1 Highway, Aylesford, NS B0P 0A8

$395,000
6
BD

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List Price
$395,000
Status
ACTIVE
MLS#
202623188
Bedrooms
6
Lot Size (Acres)
0.757
Year Built
1911

Property Description

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 you’ve 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.

Additional Information

Area
Annapolis Valley
Foundation
Stone, Other
Community Features
Golf, Park, Near Public Transport, Shopping, Place of Worship
Appliances
Stove, Dryer - Electric, Washer, Refrigerator, Dryer
Flooring
Hardwood, Laminate, Linoleum, Tile
Exterior Finish
Wood Siding
Parking Features
Driveway, Parking Spaces(s)
Roof
Asphalt
Utilities
Electricity Connected
Water Source
Drilled Well
Sewer
Municipal
Elementary School
Saint Mary's Elementary School
Middle School
Pine Ridge Middle School
High School
West Kings District High School
Appliances
Stove, Dryer - Electric, Washer, Refrigerator, Dryer
Zoning
R3

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Calculator source: Real Geeks

Listing courtesy of Engel & Volkers (Wolfville).