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Home NS Mahone Bay
68 Spruce Street
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68 Spruce Street $975,000
$975,000
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68 Spruce Street
Mahone Bay, Nova Scotia B0J2E0

MLS® Number: 202516867

Listing Description

Exceptional Investment Opportunity 6-Unit Apartment Building in Mahone Bay This is a rare opportunity to own a well-maintained, fully leased 6-unit apartment building in the heart of Mahone Bay one of Nova Scotias most iconic and desirable oceanfront communities. Perfect for out-of-province and international buyers, this property is exempt from the 10% Non-Resident Deed Transfer Tax. Situated on a 0.26-acre lot, the property offers a combination of charm, functionality, and investment potential. The building features six spacious units, each approximately 800 square feet, with two bedrooms, one full bath, a bright living room, and an eat-in kitchen. Tenants enjoy off-street paved parking, coin-operated laundry, and individual storage lockers. The building is connected to municipal water and sewer, offering added convenience for owners and tenants alike. The property has been very well maintained, with recent upgrades including attic insulation, a vapor barrier in the crawl space, newer windows, a newer furnace, hot water tank, and oil tank. Located within easy walking distance to all of Mahone Bays amenities including grocery stores, the post office, pharmacy, restaurants, and the scenic waterfront this property delivers on both lifestyle and investment value. With consistent rental demand and minimal vacancy, this turn-key asset is an excellent addition to any real estate portfolio and a smart investment in one of Nova Scotias most sought-after communities. (231086946)

Location Description

From Main Street, Mahone Bay to Pleasant Street. From Pleasant Street right on Spruce - Apartment building on right, property signed. Civic 68

Property Summary

Property Type
Multi-family
Building Type
Apartment
Community Name
Mahone Bay
Title
Freehold
Land Size
under 1/2 acre
Built in
1971
Parking Type
Paved Yard
Time on REALTOR.ca
27 days

Price and Sale History

Date Status Price
Aug 21, 2001 Sale Closed $210,000

Building

Interior Features
Appliances Included
Stove, Dryer, Washer, Refrigerator
Flooring
Carpeted, Laminate
Building Features
Foundation Type
Concrete Perimeter
Building Amenities
Storage - Locker
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Park, Playground, Shopping, Place of Worship, Beach
Parking
Parking Type
Paved Yard
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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