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40 Dogwood Lane

Martins Point, NS B0J 2E0
  • $625,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 202424003
UPDATED: 11 min ago
$625,000
  • 5
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Municipality:
Area:

School Information

Description

If you are a real estate investor or a vacation rental owner looking for the perfect addition to your portfolio, consider 40,42 and 44 Dogwood Lane in Martins Point, Nova Scotia. This newly constructed triplex is situated on a 1.5 acre property just a few minutes away from Oak Island and the popular family diner, the Island View Canteen, Mahone Bay and Chester. This property is well-suited for two growing sectors in the real estate industry: addressing the housing shortage and catering to the tourism industry. The Government of Nova Scotia forecasts a need for 71,600 units by 2027 to alleviate the housing problem, while the accommodation sector experienced a 14% increase in visitors in 2023. These statistics emphasize that this property presents a strong investment opportunity. 40, 42, and 44 Dogwood Lane are built with high-quality craftsmanship and pride. Each unit features a modern kitchen, spacious living areas, large windows that allow ample natural light, two beds in two units, and one spacious bed in one unit. Additionally, each unit is equipped with radiant floor heating with individual boilers. This property is nestled in a mature garden, offering tranquility and serenity, making it suitable for both vacation rentals and long-term rental business. This turnkey property comes with all necessary permits for business operations already in place, allowing you to focus solely on acquiring the property. It's rare to find a versatile, brand-new triplex property like this, perfect for either entering the tourism industry or expanding your rental portfolio. Don't miss out on this opportunity call your agent now and secure this brand-new property before someone else does. A brand new triplex building is a rare find!

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-12-07T15:35:34.47.
www.halifaxareahomesforsale.com/homes/156356030
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40 Dogwood Lane Martins Point, NS B0J 2E0

  • Price: $625,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 11 min ago
  • MLS #: 202424003
5
Beds
0
Baths
0
½ Baths
1.5
Acres
Neighbourhood:
South Shore
Municipality:
Lunenburg
Area:
South Shore
High School:
Park View Education Centre
Property Description
If you are a real estate investor or a vacation rental owner looking for the perfect addition to your portfolio, consider 40,42 and 44 Dogwood Lane in Martins Point, Nova Scotia. This newly constructed triplex is situated on a 1.5 acre property just a few minutes away from Oak Island and the popular family diner, the Island View Canteen, Mahone Bay and Chester. This property is well-suited for two growing sectors in the real estate industry: addressing the housing shortage and catering to the tourism industry. The Government of Nova Scotia forecasts a need for 71,600 units by 2027 to alleviate the housing problem, while the accommodation sector experienced a 14% increase in visitors in 2023. These statistics emphasize that this property presents a strong investment opportunity. 40, 42, and 44 Dogwood Lane are built with high-quality craftsmanship and pride. Each unit features a modern kitchen, spacious living areas, large windows that allow ample natural light, two beds in two units, and one spacious bed in one unit. Additionally, each unit is equipped with radiant floor heating with individual boilers. This property is nestled in a mature garden, offering tranquility and serenity, making it suitable for both vacation rentals and long-term rental business. This turnkey property comes with all necessary permits for business operations already in place, allowing you to focus solely on acquiring the property. It's rare to find a versatile, brand-new triplex property like this, perfect for either entering the tourism industry or expanding your rental portfolio. Don't miss out on this opportunity call your agent now and secure this brand-new property before someone else does. A brand new triplex building is a rare find!
Exterior Features

Construction Materials Vinyl Siding Foundation Details Concrete Perimeter Garage YN No Lot Features 1 to 2.99 Acres Other Parking Parking Details(MultiGravel) Parking Features GravelParking Spaces(s) Road Frontage Type Private Road Roof Asphalt Waterfront YN No

Interior Features

Appliances StoveDryerWasherMicrowaveRefrigerator Basement None Below Grade Finished Area Units Square Feet Flooring LaminateVinyl Plank Heating In Floor Heating YN Yes Interior Features See Remarks

Property Features

Additional Parcels YN No Area Major 405-Lunenburg County Area Minor A2 Community Features School Bus Service Electric On Property YN Yes Inclusions Appliances New Construction YN Yes Number Of Units Leased 3 Number Of Units Total 3 Other Equipment No Rental Equipment Other Structures None Ownership Freehold Possession Negotiable Property Condition New Construction Property Sub Type Triplex Rent Control YN No Rental Income Potential Sewer Septic Tank Utilities PowerElectricity Connected Water Source Drilled Well Zoning MU

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Royal Lepage Atlantic (Mahone Bay).


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-12-07T15:35:34.47.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2