37 Martin Lake Drive, Lake Echo
$969,000
For sale in Lake Echo, Nova Scotia
37 Martin Lake Drive, Lake Echo is a fourplex home for sale at $969,000 in Lake Echo, Nova Scotia. View photos, lot details, and listing information on Acres.
About 37 Martin Lake Drive, Lake Echo
RARE OPPORTUNITY. A fully occupied fourplex minutes from Dartmouth offering a 6.0% going-in capitalization rate at the asking price. The property includes four 2-bedroom apartments, established tenants, commercial-grade laundry and a newly constructed four-unit storage building. More than $212,000 has been invested in capital improvements and major building upgrades since 2022, including a new Ecoflo septic system, drainage management system, well equipment, bathroom renovations, commercial laundry equipment, insulation, exterior doors and other significant improvements. The result is an income-producing multifamily property with substantial infrastructure work already completed and approximately $58,149 in annual NOI. Full financials and list of upgrades and maintenance since 2022 available.
Property Details
- Address
- 37 Martin Lake Drive, Lake Echo
- City
- Lake Echo
- Province
- Nova Scotia
- Property ID
- 40164063
- Type
- Fourplex
- Building Dimensions
- 52.4 x 33.4
- Age
- 54 years
Parking & Features
- Has Garage
- No, 8 spaces
- Parking
- gravel, multiple spaces
- Waterfront
- No
Appliances & Inclusions
- Appliances Included
- Dryer, Refrigerator, Stove, Washer
- Inclusions
- 4 fridges, 4 stoves, 1 commercial washing machine, 1 commercial dryer, lawn mower, salt spreader
Additional Information
- Listed By
- Re/max Nova (halifax)
- Status
- FOR SALE
- Listed
- July 2, 2026
- Price changed
- September 25, 2026
- Original listing
- View source listing