Fantastic Opportunity! Four single family split entry homes on 3+ acres a stroll to the Bay of Fundy in Margaretsville and just 10 mins to Hwy 101, Middleton or Kingston/Greenwood. Offered as a package each house has 5 bedrooms & 3 baths in 2464 sq ft of total living area. Open concept Main floors have dining room with deck access, kitchen, living room and 2 bedrooms. Lower level has walk out, large family rec/room and 4 bedrooms. With 20 bedrooms and 12 bathrooms in total this package offers huge potential to house work crews/migrant workers, AirBnB, use as a family cottage complex, live in one and rent 3, or its current use with homes fully rented at $800/each +utilities. Seller owns the Pump house, one drilled well serves all 4 homes. Includes Dimock Rd which has easements for the other property owners.
Listing Sub-Area:
400-Annapolis County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
tbd
Lot Details:
3.11 Acres
Outside Dimenions:
Four 5 bdrm homes.
Lot Size:
3.11 acre(s)1.259 hectare(s)
Prop Size:
3 to 9.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1989
(Age: 32)
Age:
31
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Carpet, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking Description:
Multiple paved.
Driveway:
Circular, Paved
Water Supply:
Drilled Well, Shared
Sewer:
Septic
Num Units:
4
Rental Income:
Yes, 3200
Approx. Net Income:
30,000
Insurance Expense:
$2000/ $500 per house.
Taxes Costs:
3220
Approx. Total Income:
38400
Dining Room, Ensuite Bath, Family Room, Laundry
Pump House, PID #05285200
Golf Course, School Bus Service, Shopping, Place of Worship, Beach
Data was last updated January 16, 2021 at 06:30 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$352,400
Min list price:
$159,900
Max list price:
$1,500,000
Avg days on market:
113
Min days on market:
1
Max days on market:
852
These statistics are generated based on the current listing's property type
and located in
Annapolis Valley. Average values are
derived using median calculations.