Residential Income For Sale

Known as ‘The Gables’ this beautiful and historic (early to mid 1800’s) four-plex offers the finest apartments in Annapolis Royal. This wonderful, classic building has a stately curb appeal and presence in this town. Excellent rental history with high-quality tenants; always a lineup and waiting list when these sought-after character-filled apartments become available. Additionally, there is significant upward room in the current rental ceiling. Averaging ~1200sqft per unit there is ample space in each 2 bedroom apartment; wide hallways, large rooms & high ceilings, and each has windows in 3 cardinal directions. All units boast gleaming real hardwood floors, a handsome fireplace (non-functional), spacious bedrooms, dining room & living room (most 15’+ x 18’+). Many upgrades through the years, including new roof (2023), exterior paint (2024), interior paint, vanities, LED lighting, plumbing, fire alarm system, and more. Plenty of paved parking outside for tenants & guests on this spacious lot with lovely landscaping and old stone walls. This is a PRIME building in a PRIME location! Easy walking distance to health centre, school, historic gardens, churches, restaurants/cafes/bakeries, museums, pool, theatre, walking trails, amphitheatre, and all other amenities offered in historic & vibrant Annapolis Royal. Municipal water/sewer. Fibre-op internet is available. A very special investment opportunity to carry forward ‘The Gables’ honoured legacy – you could perhaps even live in one of the apartments if you’re lucky enough that one becomes available!