Primary photo of 29377 Cabot Trail, Cape North
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Fourplex For Sale

$475,000

MLS® Number: 202609437

Land Size

0.359

29377 Cabot Trail, Cape North, Nova Scotia

About This Property

Multi-Unit Property on the Cabot Trail a Residential or Commercial Opportunity! Discover an ideal investment along the Cabot Trail in Cape North, Nova Scotia! This versatile multi-unit property features three well-maintained buildings offering a total of four residential units, perfect for long-term rentals, short-term vacation stays, or commercial ventures.The main building serves as the largest residence, featuring two spacious bedrooms, 1.5 baths, in-unit laundry, an open-concept living area, and a private deck with fenced in yard, perfect for taking in the beautiful surroundings.The second building is divided into two separate units, each offering two bedrooms and one full bathroom. The back unit boasts a large open living space with a full kitchen, while the front unit has been recently renovated, complete with a compact yet fully equipped kitchen. A charming third building provides an independent one-bedroom, one-bathroom unit with a kitchenette. Each unit includes private outdoor decks for lounging and enjoying the natural beauty of Cape Breton. Residents and guests will appreciate the proximity to essential amenities including a grocery store, convenience, restaurants, beaches, hiking trails, and the Cape Breton Highlands National Park. This fully furnished, turnkey property is ready for immediate occupancy or rental operation, offering impressive income potential right from day one. Whether you're seeking a personal residence with rental income, a commercial hospitality venture, or a pure investment property, this opportunity is ready to meet your goals. Don't miss your chance to own a piece of the Cabot Trail and tap into Cape Bretons booming tourism and rental market!

Property Details

Interior Details

Appliances

Washer, Refrigerator, Stove, Dryer, Washer/Dryer Combo

Basement

Crawl space, Unknown

Cooling

Heat Pump

Flooring

Laminate, Vinyl

Building & Exterior

Exterior Features

Wood shingles, Vinyl

Foundation Details

Concrete Perimeter, Piled

Parking Features

Parking Space(s), Gravel

Land & Location

City Region

Cape North

Community Features

School Bus

Lot Features

Sump Pump

Lot Size Area

0.3587 acres

Lot Size Dimensions

0.3587

Parcel Number

85057651

Postal Code

B0C1G0

Listing & Financials

Listing Office

RE/MAX Park Place Inc.

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($95,000)
5.5%
25 Years

Estimated Monthly Payment

$2,334

Principal and interest only. Actual rates may vary.

Location & Map

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