525 Main Street Lawrencetown, Nova Scotia B0S 1M0
$495,000
Welcome to an exceptional income-generating opportunity in picturesque Lawrencetown, situated in the heart of Nova Scotia's vibrant Annapolis Valley. It is rare to find a multi-family property that cash flows this well, boasting a total gross yearly income of $55,200 against low operating expenses of $11,664, which delivers a fantastic Net Operating Income of $43,536. Meticulously maintained and having undergone extensive updates and renovations, this turnkey fourplex features a versatile unit mix consisting of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Two units have been beautifully refreshed and are completely move-in ready, intentionally kept vacant to allow a new owner the immediate opportunity to set market rents and place their own ideal tenants. Location is everything, and this building backs onto the scenic Rail Trail while sitting just a short walk from the Bees Knees General Store & Bakery Cafe and NSCC's Centre of Geographic Sciences (COGS). As Canada's largest geomatics-focused learning environment, COGS attracts students from around the globe to study land and ocean floor surveying and mapping, providing a steady stream of mature, reliable tenants alongside the local community. Positioned a convenient ten minutes in either direction from Middleton and Bridgetown for all everyday amenities, this investment allows you to let others pay your mortgage while you build valuable equity and provide quality housing solutions in Nova Scotia. Whether you are expanding an established portfolio or purchasing your first income property, this listing offers bulletproof cash flow, strategic positioning, and outstanding long-term value. Don't miss it! (id:39336)
Property Details
| MLS® Number | 202620033 |
| Property Type | Multi-family |
| Community Name | Lawrencetown |
| Amenities Near By | Golf Course, Park, Playground, Public Transit, Place Of Worship, Beach |
| Community Features | Recreational Facilities, School Bus |
| Structure | Shed |
Building
| Age | 116 Years |
| Appliances | Gas Stove(s), Dryer, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Exterior Finish | Vinyl |
| Flooring Type | Ceramic Tile, Hardwood, Laminate, Linoleum |
| Foundation Type | Concrete Perimeter, Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump, Ductless |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Gravel | |
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Public Transit, Place Of Worship, Beach |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.3089 |
| Size Total | 0.3089 Ac |
| Size Total Text | 0.3089 Ac |
https://www.realtor.ca/real-estate/30131198/525-main-street-lawrencetown-lawrencetown
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August 07 2026 11:44:21
Nova Scotia Association of REALTORS®
Royal LePage Atlantic (New Minas)