Residential Income For Sale

$495,000

525 Main Street, Lawrencetown, NS B0S 1M0

Description

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. There are 4 separate meters at the property and each tenant pays for their own electricity. The heat source at the building is electric with a mix of ductless heat pumps for efficient winter heat and summertime cooling, convection heaters and electric baseboards. 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!

Property Details

  • Property Type: Residential Income
  • PropertySubType: Quadruplex
  • Listing Type: For Sale
  • Listing ID: 202620033
  • Price: $495,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Square Footage: 0 Sqft
  • Lot Area: 13,455.70 Acre
  • Status: Active
  • LivingAreaUnits : Square Feet

Features

  • Heating System : Baseboard, Ductless
  • Cooling System : Ductless
  • Basement : Full, Unfinished
  • Patio : Deck
  • Roof Deck : Asphalt
  • Sewer : Municipal
  • Interior Flooring : Laminate, Ceramic Tile, Hardwood, Linoleum
  • Zoning: R2

Details

  • Office Name: Royal LePage Atlantic (New Minas)
  • Agent Name: Kevin Scott
  • ParkingTotal: 2
  • Garage: No
  • CommunityFeatures : Golf, Park, Playground, Place Of Worship, Beach, Recreation Center, School Bus Service, Near Public Transport, Marina
  • LotFeatures : Under 0.5 Acres
  • ParkingFeatures : Double, Gravel, Parking Spaces(s), Driveway
  • ElementarySchool: Lawrencetown Consolidated School
  • HighSchool: Bridgetown Regional Community School
  • MiddleOrJuniorSchool: Bridgetown Regional Community School
  • Appliances : Stove, Dryer, Washer, Refrigerator, Stove - Gas
  • HeatingYN: Yes
  • PriceChangeTimestamp: 07/08/2026 00:00:00
  • Utilities : Electricity Connected
  • Possession : Immediate. Negotiable.
  • Stories: 2
  • ModificationTimestamp: 08/08/2026 12:51:15
  • MLSAreaMajor : Annapolis County
  • MLSAreaMinor : V3
  • FoundationDetails : Concrete Perimeter, Stone
  • Exclusions: Tenant Owned Portable Washer In Apt. #2.
  • FarmLandAreaUnits : Square Feet
  • ConstructionMaterials : Vinyl Siding
  • BuildingAreaUnits : Square Feet
  • BelowGradeFinishedAreaUnits : Square Feet
  • AdditionalParcelsYN: No

Property on Map

Request Info

Contact Agent
Colleen Ryan

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