Investment Opportunity Century Home with Separate Apartment & 3.49 Acres This unique Sheffield Mills property offers investors a rare combination of income potential, substantial living space, a separate two-bedroom apartment and 3.49 acres in a desirable Annapolis Valley location. Dating back to 1876, the property features approximately 3,300 square feet in the main home, with three bedrooms, four bathrooms and multiple living areas. The existing layout offers flexibility for owner-occupied investment, long-term rental, multi-generational living or other income-producing strategies, subject to applicable requirements. The separate two-bedroom apartment is a significant investment feature, providing potential rental income or an opportunity to offset carrying costs. Several updates have already been completed, including a newer kitchen and updated bathroom, while additional improvements could create further value-add and appreciation potential. The 3.49-acre property provides privacy, mature landscaping, a pond, North Mountain views and attractive outdoor amenities, including a pool, patio and firepit. Its location offers convenient access to Kentville, New Minas, Wolfville, Canning and Port Williams. There is work to be done, but that is part of the opportunity. For the investor looking for a property with multiple income possibilities, substantial land, character and room to increase value, 8843 Highway 221 offers a compelling combination that is difficult to replicate. (id:4069)
Address
8843 221 Highway
List Price
$665,000
Property Type
Other
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Sheffield Mills
Lot Size
3.49 Sq. Ft.
Year Built
1876
MLS® Number
202626425
Listing Brokerage
Royal LePage Atlantic (New Minas)
Basement Area
Full (Unfinished)
Postal Code
B0P1H0
Ownership
Freehold
Site Influences
Golf Course, Park, Playground, Shopping
Features
Balcony
Appliances
Oven, Range, Range - Gas, Dryer, Washer, Microwave, Refrigerator
Amenities
Fireplace(s)
Heat Source
Oil, Propane, Wood
Heat Type
Baseboard heaters, Forced air, Furnace, In Floor Heating, Stove
Foundation Details
Concrete Perimeter, Concrete Slab, Stone
Other Structures
Shed
Water Source
Drilled Well
Sewer
Septic System
Open Houses
- November 08, 2:00 PM - 4:00 PM