9459 Highway 3 Maders Cove, Nova Scotia B0J 2E0
$399,900
Originally a school house then later a tea room until converted to a home late 1900's. The house recently went through a major renovation which included a back to the studs renovation on the second floor, plus the addition of new insulation, two new electrical services, new plumbing, new wiring, new light fixtures, new flooring, new drywall and paint, custom kitchen, new bathroom, new windows, new doors, two new outside entrances and more. The upstairs is currently owner occuplied but would rent for 2000/month plus utilities. Downstairs is rented for less than market value at 1000/month plus utilities (market would be 14-1500). The current rent amounts would support the asking price at a 7% cap rate. Would also make an excellent owner occupied rental ideal for a single, couple or family starting out. Rare opportunity to purchase real estate under 400k in the Mahone Bay/Maders Cove area. Complimented with parking for 4-5 cars would make an ideal location for Airbnb which would further increase the revenue potential. Enjoy low taxes but bery close to Mahone Bay and only 6-8 min from Lunenburg. Recent other upgrades incluse pressure tank, two new hot water heaters, water treatment system and more. The seller is a licensed Realtor with NSREC. (id:52813)
Property Details
| MLS® Number | 202323816 |
| Property Type | Single Family |
| Community Name | Maders Cove |
| Features | Sump Pump |
| Structure | Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Stove, Dishwasher, Dryer, Washer, Microwave Range Hood Combo, Refrigerator |
| Basement Type | Crawl Space |
| Construction Style Attachment | Up And Down |
| Flooring Type | Laminate |
| Foundation Type | Stone |
| Stories Total | 2 |
| Total Finished Area | 1887 Sqft |
| Type | Duplex |
| Utility Water | Dug Well, Well |
Land
| Acreage | No |
| Landscape Features | Partially Landscaped |
| Sewer | Septic System |
| Size Irregular | 0.241 |
| Size Total | 0.241 Ac |
| Size Total Text | 0.241 Ac |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 18x12 | ||
| Second Level | Living Room | 15.5x14 | ||
| Second Level | Bedroom | 9.5c9.5 | ||
| Second Level | Bedroom | 12x9.5 | ||
| Second Level | Bath (# Pieces 1-6) | 9.5x7.6+jog-4pc | ||
| Main Level | Bath (# Pieces 1-6) | 3pc | ||
| Main Level | Kitchen | 9x7 | ||
| Main Level | Living Room | 17.3x13 | ||
| Main Level | Primary Bedroom | 10.3x9.5 | ||
| Main Level | Bedroom | 8.7x9.5 |
https://www.realtor.ca/real-estate/26272903/9459-highway-3-maders-cove-maders-cove
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November 12 2023 12:42:45
Nova Scotia Association of REALTORS®
Keller Williams Select Realty(Mahone Bay)
