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$649,900
For Sale
Triplex 2 Units Occupied 6,458 sqft.
499 Main Street, Mahone Bay 36 photos
Type
Triplex
Units Occupied
2
Units Available
3
Age
130
Est. Mortgage
Calculating..
Price/Sq. Ft.
N/A
2025 Assessment & Tax
$448,200 $5,934
Lot Size
6,534 sqft
Listing History
4 events over 4 years
Historical Assessment
148% increase (2021-2025)
Has Garage
No
Land Registry Records
15 (1970 - 2023)
Stephanie deVries ViewPoint REALTOR® 902-521-1575
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Realtor Info
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District
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Subdistrict
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MLS® Zoning
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Postal Code
B0J 2E0
Showing Instructions
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This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one... This well-maintained triplex in the charming town of Mahone Bay presents an exceptional investment opportunity with flexible owner-occupancy options. The property features three distinct units: two on the ground floor (one 1-bedroom and one 2-bedroom unit, currently vacant) and a 2-bedroom unit upstairs, each equipped with separate electrical and water meters ensuring tenants pay their own utilities and minimizing landlord operating expenses. Located in one of Nova Scotia's most desirable coastal communities, the property offers walkable access to Mahone Bay's picturesque waterfront, unique shops, restaurants, and vibrant community events, making it highly attractive to both renters and potential owner-occupiers. The owner-occupancy option provides a compelling advantage, allowing you to live in one unit while generating rental income from the other two, effectively reducing your personal housing costs while maintaining hands-on property management and potentially qualifying for tax benefits. With stable rental demand driven by Mahone Bay's historically low vacancy rates, tenant-paid utilities, dedicated parking for all units, and strong potential for long-term appreciation in this thriving coastal market, this triplex represents a rare opportunity to establish yourself in a sought-after community while building equity through a sound real estate investment that offers both immediate cash flow and future growth potential. Read More

Listing ID: 202528060 PID: 60376498

The above information is from sources deemed reliable but it should not be relied upon without independent verification.

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright (C) by the Nova Scotia Association of REALTORS®.

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ViewPoint has embarked on an ambitious project to build the Nova Scotia Housing Directory. When complete, this resource will serve renters the same way we serve home buyers. Learn more.

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