37 Martin Lake Drive - Main photo, Lake Echo, Nova Scotia

37 Martin Lake Drive - Photo 2 of 36, Lake Echo, Nova Scotia

37 Martin Lake Drive - Photo 3 of 36, Lake Echo, Nova Scotia

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$969,000

37 Martin Lake Drive — Lake Echo, Nova Scotia

B3E1B3

RE/MAX Nova (Halifax)

MLS® 202616349

1972Built

About This Property

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. (id:63357)

RE/MAX Nova (Halifax)MLS® 202616349

Property Location

Map

Property Details

Property Type: Detached
Year Built: 1972
Status: Active
MLS® Number: 202616349

Location & Neighborhood

What's nearby 37 Martin Lake Drive

Parks & Recreation

Lake Echo Community Centre Park
park
0.3 km
Bluerock Road Park
park
0.8 km

Transit Access

8920 - Hwy 7 Before Martin Lake Dr
Bus Stop
99m
8778 - Hwy 7 After Linda Ln
Bus Stop
0.1 km
8919 - Hwy 7 After Kings Way
Bus Stop
0.2 km
8779 - Hwy 7 Before Kings Way
Bus Stop
0.3 km
8777 - Hwy 7 After Robina Dr
Bus Stop
0.4 km

POI data updated 7/3/2026

Price History

$969,000

Sep 28, 2026

↓ $30,000

-3.0%

$999,000

Sep 6, 2026

↓ $51,000

-4.9%

$1,050,000

Aug 6, 2026

↓ $50,000

-4.5%

Last updated: Oct 8, 2026

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