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111 Montague Row
homes for sale · Digby
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$800,000

111 Montague Row

Digby · MLS® 202621189

Condo · Multi-family · built 1871 · 65 days on market

listed by Lindsay Leavitt, Royal LePage Atlantic (Greenwood)

realtor's description

Imagine owning a piece of downtown Digby with breathtaking views over Fishermans Wharf and the Annapolis Basinall while having multiple income-producing possibilities at your fingertips. This exceptional property is a rare opportunity in the heart of one of Nova Scotias most charming coastal communities. The main residence features 5 bedrooms and 6 bathrooms and was formerly operated as a successful bed and breakfast. Its layout makes it ideally suited for a renewed B&B, boutique guest accommodation, room-by-room rentals, or a spacious owner-occupied residence with income potential. Behind the main house is a 6-unit building, currently configured with five bachelor apartments plus a common kitchen area. Two units are occupied by long-term tenants generating strong rental income, while the remaining units are vacantgiving a new owner the flexibility to choose their strategy. The building could also be reconfigured back to six individual units. Theres even a laundromat conveniently located right next door, plus laundry facilities within the main house. Step outside and youre within walking distance of virtually everything Digby has to offer. Cross the street to stroll the famous waterfront boardwalk, enjoy the harbour views, dine at renowned local restaurants and experience Digbys famous scallops. The DigbySaint John ferry is only minutes away, while Halifax Regional Airport is just over two hours by car. Whether your vision is a thriving bed and breakfast, long-term rental business, multiple-unit investment, owner-occupied income property, or a creative combination of them all, this property gives you the space, location and flexibility to make it happen. Opportunities like thiswhere location, income potential, stunning views and multiple business possibilities come togetherare exceptionally rare. Bring your imagination and explore the possibilities!

property details

type
Condo, Multi-family
parking
0
year built
1871
days on market
65
MLS®
202621189

features

  • Balcony
  • School Bus
  • Recreational Facilities
  • Washer
  • Refrigerator
  • Stove

monthly cost

$3,486/mo
Mortgage $3,486

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$3,486/ monthly
loan $640,000
25-year amortization
total interest
$405,657
cash to close
$160,000
down payment; transfer tax and fees not included
total paid
$1,045,657

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

DigbyGoogle Maps ↗

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listed by
Lindsay Leavitt
Royal LePage Atlantic (Greenwood)
call Lindsay · 902-308-0563
Powered by: REALTOR.ca

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location

DigbyGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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