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89 Crescent Dr

Crescent DrKings, Subd. CNS, B4N 3G7

-
Beds
-
Baths
$399,000
List Price
89 Crescent Dr, Kings, Subd. C, NS - 1 of 3
89 Crescent Dr, Kings, Subd. C, NS - 2 of 3
89 Crescent Dr, Kings, Subd. C, NS - 3 of 3
New
29 days on market

Quick Summary

  • Commercially zoned multi-unit property
  • Centrally located in vibrant New Minas
  • Fully upgraded electrical system
  • Units wired for heat pumps
  • Separate meters for each unit
  • Attractive rental income potential
  • Convenient access to local amenities
  • Opportunity for further renovations

Welcome to 89 Crescent Dr., an great multi-unit property located in the heart of New Minas, offering 4 rental units on a commercially zoned lot, ideal for investors. This property features two 1-bedroom units, including one recently renovated and currently rented for $1,100/month, and another occupied at $787.50/month. Additionally,... Show More

Welcome to 89 Crescent Dr., an great multi-unit property located in the heart of New Minas, offering 4 rental units on a commercially zoned lot, ideal for investors. This property features two 1-bedroom units, including one recently renovated and currently rented for $1,100/month, and another occupied at $787.50/month. Additionally, there is a 3-bedroom unit currently vacant and requiring minor renovations with a potential rental income of approximately $1,500/month, and another occupied large 4-bedroom unit renting for $892/month. The entire property underwent a complete electrical upgrade two years ago, and all units are wired for heat pumps, with one already installed. Each unit has separate meters, with tenants responsible for their own NSP (Nova Scotia Power) and heating costs. Centrally located in vibrant New Minas, this property offers convenient access to local amenities, shopping, and transportation, making it highly attractive to prospective tenants. With a little more TLC, 89 Crescent Dr. can become a lucrative addition to your investment portfolio, promising strong returns in a thriving rental market. To schedule a viewing, please allow 48hr Notice. (id:54626)

Property Details

Build

Year Built
1885
Model Name
-
Basement
-
Exterior
Vinyl
Foundation
Block, Stone
Builder Name
-
Stories
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Flooring
Hardwood, Laminate, Linoleum
Roof
-

Heating & Cooling

Heating
-
Cooling
Heat Pump

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
202411865
Last Updated
June 14, 2024
Brokerage
Exit Realty Town & Country
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