$ 625,000
40 Dogwood Lane Martins Point, NS B0J2E0
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$ 625,000
Est. payment | /mo
1.5 Acres Lot
$ 625,000
Est. payment | /mo
1.5 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Martins Point
MLS® Listing ID 202424003
Originating Board Nova Scotia Association of REALTORS®
Lot Size 1.500 Acres
Acres 65340.0
Property Description
If you are a real estate investor or a vacation rental owner looking for the perfect addition to your portfolio, consider 40,42 and 44 Dogwood Lane in Martins Point, Nova Scotia. This newly constructed triplex is situated on a 1.5 acre property just a few minutes away from Oak Island and the popular family diner, the Island View Canteen, Mahone Bay and Chester. This property is well-suited for two growing sectors in the real estate industry: addressing the housing shortage and catering to the tourism industry. The Government of Nova Scotia forecasts a need for 71,600 units by 2027 to alleviate the housing problem, while the accommodation sector experienced a 14% increase in visitors in 2023. These statistics emphasize that this property presents a strong investment opportunity. 40, 42, and 44 Dogwood Lane are built with high-quality craftsmanship and pride. Each unit features a modern kitchen, spacious living areas, large windows that allow ample natural light, two beds in two units, and one spacious bed in one unit. Additionally, each unit is equipped with radiant floor heating with individual boilers. This property is nestled in a mature garden, offering tranquility and serenity, making it suitable for both vacation rentals and long-term rental business. This turnkey property comes with all necessary permits for business operations already in place, allowing you to focus solely on acquiring the property. It's rare to find a versatile, brand-new triplex property like this, perfect for either entering the tourism industry or expanding your rental portfolio. Don't miss out on this opportunity ? call your agent now and secure this brand-new property before someone else does. A brand new triplex building is a rare find! (id:24570)
Location
Province NS
Interior
Flooring Laminate, Vinyl Plank
Exterior
Garage No
Community Features School Bus
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Septic System
Others
Ownership Freehold
Listed by Royal Lepage Atlantic (Mahone Bay)