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818 Main Street
405-Lunenburg County
Mahone Bay
B0J 2E0
$629,900
Multi-Family
built: 1922
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202225528
- Year Built:
- 1922
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Amazing opportunity to own this Mahone Bay over/under flats property with pre confederation oceanfront lot across the street with 60ft oceanfront! Owner has a permit approved to build a wharf (transferable with new application). This is a rare opportunity to have waterfront access in Mahone Bay! In addition home was completely renovated in 2016/17 into 2 - 2 bedroom flats with new wiring, plumbing, flooring, windows, paint, new modern baths, new wood shingles in many area, new 200 amp panels in each unit, blown in insulation in attic and rockwool insulation in walls. Upper flat has heat pump, new deck, new kitchen, hot water tank in 2016 and lower hot water tank 2021, modern open concept kitchen.. keep tenant on upper flat and live on main floor or use as investment for airbnb. In one of the most sought after and spectacular towns in the province with the best sailing waters, beaches, restaurants and views in the province... only an hour from Halifax, 20 minutes to Town of Lunenburg, 20 minutes to Chester.
- Listing Sub-Area:
- 405-Lunenburg County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Property Known As / Body of Water:
- Mahone Bay
- Outside Dimenions:
- 32x21 + 15x6'6 + 17x17
- Lot Size:
- 0.8 acre(s)0.324 hectare(s)
- Prop Size:
- 0.5 to 0.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 1
- Year built:
- 1922 (Age: 101)
- Age:
- 100
- # Floors:
- 2
- Exterior Finish:
- Wood Shingles
- Foundation:
- Stone
- Basement:
- Crawl Space, Full, Undeveloped, Walkout
- Floor Finish:
- Ceramic, Softwood, Vinyl
- Roof:
- Asphalt Shingle, Metal
- Heating:
- Baseboard, Heat Pump -Ductless, Hot Water, Ductless Cooling
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- Paved driveway and partial gravel parking lot
- Driveway:
- Gravel, Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 1250
- Sewer:
- Municipal
- Num Units:
- 2
- Num 2 Bed Units:
- 2
- # Of Dryers:
- 2
- # Of Fridges:
- 2
- # Of Microwaves:
- 1
- # Of Stoves:
- 2
- # Of Washers:
- 2
- Rental Income:
- Yes, Upstairs 11,400.00 annual
- Laundry Income:
- no
- Other Income:
- downstairs is vacant
- Approx. Net Income:
- 3219
- Insurance Expense:
- 2643.00
- Taxes Costs:
- 4288
- Other Costs:
- infrastructure 600
- Management expense:
- N/A
- Snow / Garbage Collection:
- 300
- Heating Bill:
- on electricity section
- Electricity Bill:
- 4200
- Approx. Total Expense:
- 4500
- Approx. Total Income:
- 11,400
- Cable, Heat/Air Exchange
- 2 fridges, 2 stoves, 2 washer, 2 dryers, built in microwave
- Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Ski Hill, Marina, Place of Worship, Beach
- Cooktop - Electric, Glass Cooktop, Oven - Electric, Dryer - Electric, Washer, Washer/Dryer Combo, Microwave, Refrigerator
- None
- Deck
- Ocean
- Yes
- 60'18.288 m
- Access: Bay, Access: Harbour, Access: Ocean, View: Bay, View: Ocean
- Assessment:
- 369500.0
- Assessment Year:
- 2022
- Zoning:
- Res
- Elementary School:
- Bayview Education Centre
- Middle School:
- Bayview Education Centre
- High School:
- Park View Education Centre
- Possession Info:
- Negotiable
- Listed Date:
- Nov 01, 2022
- Days on Mkt:
- 89
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Data was last updated January 29, 2023 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 21
- Avg list price:
- $399,000
- Min list price:
- $95,000
- Max list price:
- $1,925,000
- Avg days on market:
- 86
- Min days on market:
- 12
- Max days on market:
- 253
These statistics are generated based on the current listing's property type
and located in
South Shore. Average values are
derived using median calculations.
- Richard Munden, REALTOR®
- Bedford
- 902-449-8893
- Contact by Email