Turnkey Investment Opportunity with Strong Returns and Coastal Charm. Discover an exceptional investment opportunity on Nova Scotia’s stunning coast. This modern six-unit property is a proven income generator, operating successfully as an Airbnb and fully equipped for long-term rentals offering unmatched flexibility and immediate cash flow. With its low-maintenance design and strong rental history, it is the ideal addition to any real estate portfolio. Set just steps from the breathtaking 92 km Celtic Shores Coastal Trail, the location is a magnet for tourists seeking both relaxation and adventure. Guests are minutes from five beautiful beaches in Port Hood, a provincial park with a scenic boardwalk, and just a short drive to the world-renowned Cabot Golf Resort (30 minutes) and the iconic Cabot Trail (45 minutes). Nestled along the celebrated Musical Coast, the area boasts a vibrant cultural scene rich in music, history, and community. Each of the six spacious 2-bedroom, 1-bath units features an open-concept layout with flexible loft area, vaulted ceilings and large windows that fill the space with natural light. Interiors offer a clean, contemporary style with practical upgrades including durable vinyl plank flooring, stainless steel appliances, modern cabinetry, in-suite laundry, and ductless heat pumps. Screened-in decks provide a comfortable outdoor retreat, perfect for relaxing or entertaining. The exterior is equally impressive, with striking charcoal siding accented by warm wood tones, while shared outdoor spaces with decks and BBQ areas create the perfect setting for relaxation. Whether you are expanding your investment footprint or entering the short-term rental market, this turnkey property is already delivering impressive results. Be sure to view the Property Video and schedule your private viewing today and explore the potential of this Coastal Gem.
Highway 19 to Shore Rd.
Listing Sub-Area:
306-Inverness County / Inverness & Area
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
32x16.6
Lot Size:
0.7 acre(s)0.28 hectare(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
6
Year built:
2024
(Age: 1)
Age:
2
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Slab
Basement:
None
Floor Finish:
Vinyl Plank
Roof:
Metal
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
Multiple Gravel
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
$2,190.00
Sewer:
Municipal
Num Units:
6
Num 2 Bed Units:
6
# Of Dryers:
6
# Of Fridges:
6
# Of Stoves:
6
# Of Washers:
6
Rental Income:
Yes, $148,000.00
Approx. Net Income:
$107,346.00
Insurance Expense:
$10,320.00
Taxes Costs:
$17,884.00
Other Costs:
$2,160.00
Maintenace:
600.0
Snow / Garbage Collection:
$600.00
Electricity Bill:
$6,900.00
Approx. Total Expense:
$40,654.00
Approx. Total Income:
$148,000.00
Air Conditioning, Gazebo
Refrigerator, Electric Range, Washer & Dryer Combo.
Golf Course, Park, School Bus Service, Marina, Place of Worship, Beach