Residential Income For Sale

$589,000

7402 3 Highway, Martins River, NS B0J 2E0

Description

Located just minutes from the town of Mahone Bay, this multi-unit apartment house in the heart of Martins River has had numerous upgrades in recent years including: roofing (metal and asphalt) drywall, kitchens, baths, flooring and ductless heat-pumps. The building consists of five one-bedroom units totaling 2,600 sq. ft. with all units fully occupied. The property has ample parking, a large back yard and adjacent the building a 24 ft. by 24 ft detached garage. The land is comprised of two side-by-side lots: one occupied by the building consisting of 15,500 sq. ft. of level land and the second vacant parcel consisting of 25,800 sq. ft. for a total of just under one acre of land. This property would lend itself for further expansion - either for residential use or for any number of commercial enterprises. The convenient location has always insured stable occupancy and revenue.

Property Details

  • Property Type: Residential Income
  • PropertySubType: Multi Family
  • Listing Type: For Sale
  • Listing ID: 202620769
  • Price: $589,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Square Footage: 0 Sqft
  • Lot Area: 41,299.20 Acre
  • Status: Active
  • LivingAreaUnits : Square Feet

Features

  • Heating System : Baseboard, Ductless
  • Cooling System : Air Conditioning
  • Basement : Crawl Space
  • Patio : Deck
  • Roof Deck : Metal
  • Sewer : Septic Tank
  • Interior Flooring : Carpet, Vinyl, Tile, Laminate
  • Zoning: res

Details

  • Office Name: Engel & Volkers (Lunenburg)
  • Agent Name: Michael Wilson
  • Garage: Yes
  • ExteriorFeatures : Balcony
  • InteriorFeatures : Storage
  • LotFeatures : 0.5 To 0.99 Acres
  • ParkingFeatures : Gravel, Parking Spaces(s)
  • Appliances : Stove, Refrigerator, Electric Range
  • HeatingYN: Yes
  • PriceChangeTimestamp: 17/08/2026 00:00:00
  • Utilities : Electricity Connected, Power
  • Possession : Negotiable.
  • Stories: 2
  • ModificationTimestamp: 18/08/2026 13:11:50
  • MLSAreaMajor : 405-lunenburg County
  • MLSAreaMinor : B3
  • LockBoxType : No
  • FoundationDetails : Concrete Perimeter
  • FarmLandAreaUnits : Square Feet
  • ConstructionMaterials : Vinyl Siding
  • BuildingAreaUnits : Square Feet
  • BelowGradeFinishedAreaUnits : Square Feet
  • AdditionalParcelsYN: Yes

Property on Map

Request Info

Contact Agent
Colleen Ryan

QR Code

Scan with your mobile device to view this property

Property