190 Main Street

Description

Built in 1895, one of the South Shore’s most loved and distinctive buildings; a remarkable example of Queen Anne Victorian architecture; strategically located in the centre of town where Liverpool’s Main and Market streets meet, opposite the post office, close to banks, shops and all amenities; fully renovated, offering unmatched investment / revenue potential, plus the zoning and location to continue earning premier rates via an almost limitless combination of revenue streams. A quick stroll through tree lined streets of historic gardens, fine homes and museums leads to a quintessential Maritime lighthouse overlooking the Mersey River as it opens to Liverpool Bay and the open Atlantic Ocean. Tasteful updates and investments have kept the property in excellent condition, while preserving its original charm and character. Heat pumps on all floors supplement heating in winter and provide A/C during summer; washer and dryer new in 2023. 7 units serve as a combination of long-term apartments, short-term vacation and business stays. Past occupancy and income performance far eclipse the property’s asking price. With the option to purchase furnishings and other accoutrements such as bedding, stainless steel cutlery, etc. this is truly a turn-key opportunity. Main floor has 4 short-term residential units, 2 long-term residential units on the second floor and a one-bedroom residential unit on the third level with attic space and the potential to develop a second bedroom. Storage is available in the attic and basement. The floor plan is flexible, with two units on two different floors where doors can be unlocked, so as to be used together to provide comfortable owner-occupied accommodations. One would still have income from 5 Airbnb rentals, and room for a coffee shop etc. Liverpool is the ideal launching point for the region’s fine dining, golf, lakes, hiking trails and pick of a dozen white sand beaches, all within a short drive. 90 minutes to Halifax / airport.