1463 Highway 214

Description

INVESTORS DREAM! An exceptional and rare investment opportunity has arrived in East Hants. Multi-unit apartment buildings of this size seldom come up for sale in the area, and this turn-key six-unit property features strong rental income that fully supports its price. Located in Nine Mile River, the building offers an ideal rental mix consisting of four 1-bedroom units and two 2-bedroom units. The property has been exceptionally well-maintained, with five of the six units already updated. This includes one apartment that underwent a total top-to-bottom renovation in 2025, and two other units that received fresh paint and modern upgrades. Additionally, the common laundry area has been updated with newer coin-operated washers and dryers. Outside, tenants and guests will enjoy ample parking space available in both the front and back of the building. The location is highly convenient for commuters and excellent for tenant retention, sitting just 5 minutes from the Elmsdale core, 15 minutes to the Halifax Stanfield International Airport, and 40 minutes to Halifax. With major updates already complete and strong numbers in place, this is an East Hants opportunity you do not want to miss. (id:56844)

Listing

MLS® number

202611705

Status

Active

Days On Market

163

Building

Type

Apartment

Foundation

Concrete Perimeter

Interior

Flooring

Laminate, Carpeted, Ceramic Tile, Linoleum

Heating

Baseboard heaters, Electric

Appliances

Washer, Refrigerator, Water softener, Stove, Dryer

Land

Lot size

0.7 acres

Exterior features

Vinyl

Community

School Bus, Recreational Facilities

Parking

Type

Paved Yard, Parking Space(s)

Utilities

Water

Drilled Well

Sewer

Septic System

Services

Cable Available

Fees and taxes

Common interest

Freehold

Parcel number

45123320

Directions

#1463 on Highway 214, Nine Mile River