Residential Income For Sale

Located at 137/139 Water Street, this exceptional 4-unit property offers unlimited potential for investors and business owners alike. Situated in the vibrant and highly sought-after waterfront area of Pictou, this property provides a unique blend of residential and commercial spaces, making it an ideal addition to any investment portfolio. Positioned just steps from the scenic Pictou Harbour with public access and a boat launch, this property is ideally situated beside the DeCoste Performing Arts Centre and the new library expansion. Additionally, it backs directly onto the popular Jitney Trail, offering unparalleled access to both cultural and recreational amenities. The ground-floor unit is currently utilized as commercial space, providing a versatile option for businesses seeking visibility and foot traffic in a thriving area. A cozy 2-bedroom ground floor unit with laundry is vacant and offers excellent potential for either residential or commercial use. Two 1-bedroom units are currently rented, each under fixed-term leases, providing immediate income and stability. Enjoy stunning views of the harbor right from your back patio, where you can relax and watch the waves roll in. This property offers the best of Pictou living at your doorstep. All tenants are responsible for their own utilities, ensuring minimal overhead. This well maintained building has a metal roof with many new windows. Additionally, it features five heat pumps, including one in the basement, for efficient heating and cooling. A propane stove is also available in the event of power outages, adding an extra layer of convenience and security.