Property Description

Triplex + detached commercial space (currently a music store) and a small garage, all on an oversize lot, close to the amenities of Middleton & Kingston in the fast-growing central Annapolis Valley. Summary of units: One 1-BR (front, lower level, $1000/m), One 2-BR (upper floor, $1000/m), One 3-BR (rear, lower level, $1800/m). Seller currently operates a music store from the detached commercial space - so there is further potential upside to rental income. Several music rehearsal rooms in basement + detached music store could both possibly be converted into additional residential unit(s). If you're interested in acquiring the music store inventory and business/good-will it can be further discussed/negotiated with the owner (not included in the asking price). Septic system is over-engineered (able to potentially accommodate additional units) and recent (~2011). New heat pump in front residential unit and music store. New metal roof on music store. Property will need some TLC here and there; reflected in asking price. (id:7434)