NS
Yarmouth
Yarmouth
B5A 1K7
685 Main Street
685 Main Street, Yarmouth, NS B5A 1K7
Share Listing
Listing Type
Multi Family
Listing Status
Active
28
$399,000

Home Details for 685 Main Street

Price
$399,000
Type
Residential Income
Bedrooms
6
Year built
1926
Lot size acres
1.4
County
Yarmouth
Days on site
63
MLS Listing#
202615511
Property Description

685 Main Street, Yarmouth Opportunity awaits with this fully rented four-unit income property situated on an exceptionally large 1.4-acre lot in the heart of Yarmouth. Generating strong rental income with four occupied units and five electrical meters (including a landlord meter), this property offers investors immediate cash flow along with long-term potential. The building features a mix of one and two-bedroom units, with many areas having seen updates over the years including flooring, kitchens, bathrooms, lighting, and electrical improvements. Several units offer bright living spaces, spacious kitchens, and modernized bathrooms while maintaining the character and charm of this classic Yarmouth property. Tenants benefit from ample parking, convenient in-town living, and easy access to shops, schools, restaurants, and services. A significant feature of this property is the unusually large parcel extending behind the building. While buyers should complete their own due diligence regarding future development opportunities, the size of the lot offers possibilities rarely found with comparable multi-unit properties within town limits. The property is serviced by five electrical meters and includes a combination of electric and oil-fired heating systems. Most tenants pay their own electricity, helping to control operating costs. The exterior has been maintained with vinyl siding and asphalt shingles, while the large gravel parking area provides plenty of off-street parking for tenants and guests. Whether you're looking to expand your investment portfolio, enter the multi-unit market, or acquire an income-producing property with future upside potential, 685 Main Street represents a compelling opportunity in one of Yarmouth's most established neighbourhoods. Current annual gross rental income of approximately $51,480. Financial information available to qualified buyers upon request.

Property Features
  • Heating Information
    • Baseboard
    • Hot Water
    • Oil
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
  • Parking
    • Gravel
Listing Courtesy: Viewpoint Realty Services Inc. (Shelburne)
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.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Nova Scotia AOR.
EXIT REALTY INTER LAKE
271 North Street, Bridgewater, NS B4V 2V7
Office
902 543 7642
Request more details
Code: