351 Main Street, Yarmouth

351 Main Street, Yarmouth, NS B5A1E4 Photo 1

46 Photos

351 Main Street, Yarmouth, NS B5A1E4 Photo 2
351 Main Street, Yarmouth, NS B5A1E4 Photo 3
351 Main Street, Yarmouth, NS B5A1E4 Photo 4
351 Main Street, Yarmouth, NS B5A1E4 Photo 5
351 Main Street, Yarmouth, NS B5A1E4 Photo 6
351 Main Street, Yarmouth, NS B5A1E4 Photo 7
  • Living area: 4896 square feet
  • MLS®: 202401353
  • Type: Multifamily
  • Added: 97 days ago
  • Type: Multifamily
  • Listed by: Point2

Property Details

Located in the downtown core of Yarmouth on Main Street renovated and charming investment property, offers a blend of historic character and modern amenities. Situated in a prime location, commercial with residential apartment is within quaint downtown shops, restaurants and waterfront attractions. Lots of possibilities as there is more space that could be used for more store frontage onMain Street as well as on 1st Street which is located at the back of the building. Part of the commercial space is currently rented out to a long term tenant. You will be surprised to find rental units on the 2nd floor. Roof was resealed with a rubber roofing approximately3 1/2 - 4 years ago! The business asset presents an ideal opportunity for "as is" operation or for expansion and customization to suit your business needs. Don't miss the chance to make 351 Main Street the home of your thriving business. Schedule a viewing today and unlock the potential of this prime commercial and residential space.

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Features

  • Roof: Rolled
  • Other: Community Features: Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship, Foundation: Block, Inclusions: 4 fridges, 4 stoves, 2 One Bedroom, 2 Two Bedroom, 4 Occupied, Rental Income: 54600.00, Laundry Income: Nil, Other Income: Nil, Approximate Total Income: 54600.00, Insurance Expense: 2004.00, Maintenance Expense: 832.12, Water and Sewage Expense: 1030.91, Taxes Costs: 7566.00, Approximate Total Expenses: 11433.03, Approximate Net Income: 43166.97
  • Heating: Electric, Baseboard
  • Appliances: 4 Stoves, 4 Fridges
  • Extra Features: Cable
  • Interior Features: Flooring: Laminate, Vinyl
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal

Nearby Places

Name Type Address Distance
Tim Hortons Cafe 328 Main St 0.1 km
Yarmouth Brewing Center Food 368 Main St 0.1 km
Shanty Restaurant 6 Central 0.1 km
DAIRY QUEEN BRAZIER Store 31 John St 0.1 km
Sweeney Museum Museum 120 Water St 0.1 km
Rudders Seafood Restaurant & Brew Pub Bar 96 Water St 0.2 km
Yarmouth, Nova Scotia Yarmouth is the shire town of Yarmouth County and ... 0.2 km
New Century Restaurant Ltd Restaurant 280 Main 0.2 km
Jessy's Pizza Restaurant 278 Main 0.2 km
Michael at the Inn Restaurant 27 Willow St 0.2 km
Ceilidh Café at the Inn Meal takeaway 27 Willow St 0.2 km
Guest-Lovitt House B&B Lodging 12 Parade St 0.2 km
Similar Multifamilys Stat in Yarmouth
We have found 6 Multifamily that closely match the specifications of the property located at 351 Main Street with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 305,000 and 650,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the B5A1E4 postal code area of Yarmouth Nova Scotia Canada.
351 Main Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 351 Main Street. The current price of the property is $500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $400,000. This would result in a monthly mortgage payment of $2,338 over a 25-year amortization period.
Comparison of 351 Main Street, Yarmouth, NS with Nearby Multifamilys
Nearby Cities Listings Avg. price
Saint John Real Estate 161 $450.810
Quispamsis Real Estate 74 $356.866
Riverview Real Estate 72 $582.156
Bouctouche Real Estate 63 $191.548
Halifax Real Estate 166 $934.808
Fredericton Real Estate 105 $468.993
Brighton Real Estate 102 $665.746
Shediac Real Estate 87 $569.379
Popular Cities Listings Avg. price
Moncton Real Estate 304 $509.078
Ottawa Real Estate 2087 $897.662
Kawartha Lakes Real Estate 485 $947.981
Oshawa Real Estate 419 $1.040.496
Fort Erie Real Estate 369 $903.526
Whitby Real Estate 325 $1.215.676
Niagara Falls Real Estate 667 $1.099.890
Other Real Estate 1397 $992.161
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