Turnkey operation with many recent upgrades. This waterfront multi-unit has so much potential. There is currently a thriving hair salon on the main level and a separate office which is rented year round. Upstairs are two nicely renovated spacious apartments, a one and a two bedroom. With views of the Annapolis Basin, fresh paint and spotless laminate floors one of these cozy apartments would be a lovely place to call home while enjoying the income from the other units. Upgrades to the building over the last 7 years include new windows and updated electrical including heat pumps and new fixtures with LED lights, insulation and a new roof shingles in 2019. Located in downtown Digby by the summer Farmer's Market, tourist bureau and near restaurants and tourist attractions the multi-unit is well placed for business traffic and with 90 feet of water front this property has so much potential. Please don't hesitate to book in a showing today!
From 101 take exit 26. Turn right onto Hwy 303 which turns into Warwick St. Turn left onto Montague Row, property is on the right.
Listing Sub-Area:
Digby County
Property Type:
Multi-Family
Multi-Family Type:
Other
Title To Land:
Freehold
Property Known As / Body of Water:
Annapolis Basin
Building Dimenions:
30'8 x 34'10
Outside Dimenions:
30'8x34'10
Lot Size:
7,288 sq. ft.677 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
4
# Floors:
3
Exterior Finish:
Wood Shingles, Vinyl
Foundation:
Stone
Basement:
Full, Undeveloped
Floor Finish:
Carpet, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
In front and directly beside building
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
690.00
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
1
Num 2 Bed Units:
1
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 40800.00
Approx. Net Income:
25954
Insurance Expense:
3224.24
Taxes Costs:
5555.78
Other Costs:
lawn mowing 850.00
Snow / Garbage Collection:
355.00
Electricity Bill:
4171.17
Approx. Total Expense:
14846.19
Approx. Total Income:
40800.00
Laundry, Telephone
Hair Salon Equipment
personal items, personal supplies(salon)
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship, Beach
Stove, Dryer, Washer, Refrigerator
None
Deck
Ocean
Yes
90'27.4 m
Access: Bay, Access: Harbour, Access: Ocean, View: Bay, View: Harbour, View: Ocean
Data was last updated July 30, 2025 at 03:20 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$387,450
Min list price:
$172,000
Max list price:
$1,700,000
Avg days on market:
105
Min days on market:
23
Max days on market:
496
These statistics are generated based on the current listing's property type
and located in
Digby County. Average values are
derived using median calculations. This data is not produced by the MLS® system.