Nestled in the heart of downtown Annapolis Royal, directly across from the renowned Fort Anne National Historic Site, this exceptional investment property seamlessly blends historic charm with modern efficiency. The building comprises three ground-level, high-traffic commercial units that enjoy steady footfall from the bustling tourist scene, along with a convenient ground-level apartment, four spacious second-level apartments, and a well-organized self-storage facility in the basement. Recently updated with all vinyl windows and fresh exterior paint, the property exudes curb appeal while ensuring energy efficiency and low maintenance. A portion of the roof has also been recently replaced, adding to the overall durability and upkeep of the building. Inside, high ceilings and superior construction are complemented by meticulous maintenance. Each unit features separate power meters, facilitating straightforward management and billing. The commercial units are further enhanced with modern heat pumps, offering efficient heating and cooling solutions. Boasting an established history of excellent tenants and robust rental performance, this property represents a rare opportunity for investors seeking a turn-key operation with solid financials from day one. Whether you aim to expand your portfolio or secure a prime piece of Annapolis Royal real estate, this property promises consistent returns and a strategic location that leverages both local and tourist traffic. (id:24625)
MLS® Number | 202415884 |
Property Type | Multi-family |
Community Name | Annapolis Royal |
Amenities Near By | Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach |
Community Features | Recreational Facilities, School Bus |
Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1922 |
Cooling Type | Air Conditioned, Heat Pump |
Exterior Finish | Wood Siding |
Fireplace Present | No |
Flooring Type | Hardwood, Vinyl |
Foundation Type | Concrete Perimeter, Stone |
Type | Apartment |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach |
Sewer | Municipal Sewage System |
Size Irregular | 0.1963 |
Size Total | 0.1963 Ac |
Size Total Text | 0.1963 Ac |
https://www.realtor.ca/real-estate/27130899/324-st-george-street-annapolis-royal-annapolis-royal
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Colin Crowell