$969,000
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37 Martin Lake Drive, Lake Echo, NS B3E1B3

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RARE OPPORTUNITY. A fully occupied fourplex minutes from Dartmouth offering a 6.0% going-in capitalization rate at the asking price. The property includes four 2-bedroom apartments, established tenants, commercial-grade laundry and a newly constructed four-unit storage building. More than $212, 000 has been invested in capital improvements and major building upgrades since 2022, including a new Ecoflo septic system, drainage management system, well equipment, bathroom renovations, commercial laundry equipment, insulation, exterior doors and other significant improvements. The result is an income-producing multifamily property with substantial infrastructure work already completed and approximately $58, 149 in annual NOI. Full financials and list of upgrades and maintenance since 2022 available. (id:58753)

Listing By: Tanya Smyk - RE/MAX Nova (Halifax)
Source: CREA #202616349 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 202616349
  • Date Listed07/02/2026
  • Days on Realty 88 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Septic Tank
  • Property Type Quadruplex
  • Year Built 1972
  • Water Well

Interior Features

  • Appliances Washer, Refrigerator, Stove, Dryer
  • Flooring Laminate
  • Heating Baseboard heaters, Oil

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Balcony

Directions

Highway 107 to exit 18, right on Hwy 7 left on Martin Lake Drive, property is on the right.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for B3E1B3

Discover key demographics, population statistics, and environmental insights for the Lake Echo, NS area.

Walkability in NS / B3E1B3

Source: Walk Score

3/100

Car-Dependent

Walk Score ®

8/100

Minimal Transit

Transit Score ®

16/100

Bikable

Bike Score ®

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 8/100, Bike Score: 16/100.

Points of Interest near 37 Martin Lake Drive, Lake Echo, NS B3E1B3

Frequently Asked Questions for 37 Martin Lake Drive

Source: Realty.com

37 Martin Lake Drive, Lake Echo, NS B3E1B3 in Lake Echo, NS B3E1B3 is a quadruplex listed at $969,000. Highlights include built in 1972. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 36 photos of 37 Martin Lake Drive.

Our records indicate that 37 Martin Lake Drive was built in 1972.

The full address for this home is 37 Martin Lake Drive, Lake Echo, NS B3E1B3.

37 Martin Lake Drive has been listed on Realty.com since Thu July 02, 2026

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 8/100, Bike Score: 16/100.

This content last refreshed on 2026-09-28 10:21:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.