Five-Unit Apartment
For Sale
$589,000
7402 3 Highway, NS
Martins River, NS
Property Size2,600 SF
Lot Size0.95 Acres
Price / SF$226.54
Days on Market55
Property Features for 7402 3 Highway
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bedrooms
6
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Standard status
Active
Lot size
0.95 Acres
Amenities
large back yard
detached garage
ductless heat-pumps
Listing Agency:
Engel & Volkers Nova Scotia Lunenburg · Engel & Völkers
(902) 634-1250
Listed By:
Michael Wilson
Added: Aug 17
Changed: Sep 23
Last Checked: Oct 10 at 9:06AM
MLS# 202620769
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This apartment property contains five one-bedroom units totaling 2,600 sq. ft., with all residences currently occupied. Recent improvements include metal and asphalt roofing, drywall, kitchens, bathrooms, flooring, and ductless heat-pump systems. The building is accompanied by ample parking, a large backyard, and a detached 24 ft. by 24 ft. garage.
The property includes two adjoining lots. The parcel containing the building provides 15,500 sq. ft. of level land, while the second lot is vacant and measures 25,800 sq. ft., for a combined land area of just under one acre. The property is located in Martins River, minutes from Mahone Bay, with the address situated on 3 Highway.
The property includes two adjoining lots. The parcel containing the building provides 15,500 sq. ft. of level land, while the second lot is vacant and measures 25,800 sq. ft., for a combined land area of just under one acre. The property is located in Martins River, minutes from Mahone Bay, with the address situated on 3 Highway.
Key Highlights
- Five one‑bedroom apartment units totaling 2,600 sq. ft.; all units fully occupied
- Recent upgrades include roofing, drywall, kitchens, baths, flooring, and ductless heat‑pumps
- Detached 24 ft. by 24 ft. garage with ample parking and a large back yard
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Market
Vacancy Rate% for Multifamily in the U.S.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with fully occupied one-bedroom residences, parking, yard space, and a detached garage.
Where is this apartment building located?
The property is located at 7402 3 Highway NS.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Five one‑bedroom apartment units totaling 2,600 sq. ft.; all units fully occupied; Recent upgrades include roofing, drywall, kitchens, baths, flooring, and ductless heat‑pumps; Detached 24 ft. by 24 ft. garage with ample parking and a large back yard
