INCOME PROPERTY!!! Good solid upper and lower duplex located in Kentville. Close to hospital, Community College, town amenities and on a bus route. Upper unit and lower unit are similar layout: 2bedrooms +1 full bathroom, big living room, dining room, kitchen with pantry and sunroom. The basement is easily rentable as it is set up as a bachelor apartment, with its own bathroom and kitchen area. The new owners could apply to change the zoning to be triplex. (4 units would be maximum on this lot.) There are 3 power meters, one for each unit, and laundry room is shared by 3 units. Tenants pay their own heat, lights and WIFI. Lots of character, has many of the original features and original moldings. Rent is $1550/m each for unit 1 & 2. unit 2 rent is $1600/m start Aug 1, 2025 to July 31, 2025 with fixed term lease. Unit 1 will be vacant on end of august, either owner can move in or find new tenant. 2 new hot water tanks installed on July, 2024.
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
25x38
Outside Dimenions:
25x38
Lot Size:
5,597.46 sq. ft.520.021 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1925
(Age: 99)
Age:
99
# Floors:
3
Exterior Finish:
Aluminium Siding
Foundation:
Stone
Basement:
Partially Developed, Walkout
Floor Finish:
Ceramic, Hardwood
Roof:
Asphalt Shingle
Heating:
Baseboard, Forced Air
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
Driveway is on the left of the property, facing the property.
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
$780
Sewer:
Municipal
Num Units:
2
Num Bachelor Units:
1
Num 2 Bed Units:
2
# Of Dishwashers:
2
# Of Dryers:
1
# Of Fridges:
3
# Of Microwaves:
0
# Of Stoves:
2
# Of Washers:
1
Rental Income:
Yes, $44,400
Approx. Net Income:
$39,519
Insurance Expense:
$1,188
Taxes Costs:
$2,413
Maintenace:
500.0
Approx. Total Expense:
$4,881
Approx. Total Income:
$44,400
Cable, Dining Room, Laundry
All appliances
Park, Playground, Public Transit, School Bus Service, Place of Worship
Data was last updated October 30, 2024 at 03:20 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$497,450
Min list price:
$289,900
Max list price:
$5,525,000
Avg days on market:
35
Min days on market:
1
Max days on market:
249
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.