Eric Meredith Real Estate Team

Maders Cove NS Residential Income for Sale

Originally a school house then later a tea room until converted to a home late 1900's. The house recently went through a major renovation which included a back to the studs renovation on the second floor, plus the addition of new insulation, two new electrical services, new plumbing, new wiring, new light fixtures, new flooring, new drywall and paint, custom kitchen, new bathroom, new windows, new doors, two new outside entrances and more. The upstairs is currently owner occupied but would rent for 2000/month plus utilities. The current rent amounts would support the asking price at a 7% cap rate. Would also make an excellent owner occupied rental ideal for a single, couple or family starting out. Rare opportunity to purchase real estate under 400k in the Mahone Bay/Maders Cove area. Complimented with parking for 4-5 cars would make an ideal location for Airbnb which would further increase the revenue potential. Enjoy low taxes but very close to Mahone Bay and only 6-8 min from Lunenburg. Recent other upgrades include pressure tank, two new hot water heaters, water treatment system and more.

Maders Cove NS Home for Sale

Originally a school house then later a tea room until converted to a home late 1900's. The house recently went through a major renovation which included a back to the studs renovation on the second floor, plus the addition of new insulation, two new electrical services, new plumbing, new wiring, new light fixtures, new flooring, new drywall and paint, custom kitchen, new bathroom, new windows, new doors, two new outside entrances and more. The upstairs is currently owner occuplied but would rent for 2000/month plus utilities. Downstairs is rented for less than market value at 1000/month plus utilities (market would be 14-1500). The current rent amounts would support the asking price at a 7% cap rate. Would also make an excellent owner occupied rental ideal for a single, couple or family starting out. Rare opportunity to purchase real estate under 400k in the Mahone Bay/Maders Cove area. Complimented with parking for 4-5 cars would make an ideal location for Airbnb which would further increase the revenue potential. Enjoy low taxes but bery close to Mahone Bay and only 6-8 min from Lunenburg. Recent other upgrades incluse pressure tank, two new hot water heaters, water treatment system and more. The seller is a licensed Realtor with NSREC.

Mahone Bay NS Land for Sale

Are you looking for the perfect spot to build your dream home? Look no further than this full-acre treed lot on the outskirts of Mahone Bay, one of the South Shore's most beautiful communities. With municipal water and sewer access, building lots like this are few and far between within town limits. You'll enjoy privacy and stunning scenery from your front deck, where you can watch the sunrise. From your back deck you can soak up afternoon sun and sunsets. And nature enthusiasts will love watching the local deer as they pass through. Plus, you'll be just minutes away from the downtown core, tennis courts, the Mahone Bay Center, and the Mahone Bay marina. This is truly a rare opportunity that you won't want to miss. Contact your agent today to schedule a viewing.

Mahone Bay NS Home for Sale

Looking for a spectacular heritage home with ample living space and loads of character? Look no further than this meticulously kept Georgian classic in the heart of Mahone Bay. This exquisite home boasts three bedrooms, lofty ceilings (some tin), original wood trim and original wide plank flooring. The home oozes charm and sophistication plus it boasts all the right upgrades including a modern kitchen and baths, laundry facility (upscale new LG washer/dryer), and a newly installed (one year) Lennox heat pump for perfect temperatures and energy savings year-round. Additionally, a new Scandinavian Jotul propane stove in the stunning fireplace room perfect for those cold winter nights. Other new additions include water tank, security system and exterior trim of house and barn painted in 2023. That's not all, the previous owner renovated the home to accommodate a main floor office, gallery, or retail shop making it ideal for those looking to work from home or start a new business venture. Currently, the house is a rental during summer months with income of $425 nightly. This exquisite home with its central location on Main Street offers a water view and beautiful curb appeal. The barn which underwent a restoration some years ago is an added outstanding feature. It is very solid and versatile and has potential for a multitude of uses: a garage (store your car or boat), workshop, guest suite, carriage house or potential for commercial use. Whether you are looking for a residence, office, gallery, retail shop, Airbnb or bed and breakfast this home has it all so why wait call today to schedule a viewing.