2532 1 Highway
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.
Broker Details
Engel & Volkers Nova Scotia Wolfville 902-542-5203
MLS ID: 17534345181163680876
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $395,000 |
| Year Built: | 1911 |
| Opportunity Zone: | No |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 0 |
ID: 3yd-EV-202623188
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