Property Description
Not your traditional investment property. 2 duplexes, 2 separate PID's, 1377 ft of Cornwallis River frontage, 6.4 acres, RV storage pavilion, detached single car garage, 2989/2991 built in 2008, 2993 built in 2010. All units in impeccable condition. 2 - 2 Bedrooms units, 2 - 1 Bedroom units. Currently, the 'garage' main level 1 bedroom is rented at $1,650 including utilities, upper level, same building, market rent of $1,650 including utilities, available for you to find suitable tenant. In the main house, the left side of the duplex is rented at $1,550 plus utilities. Right side is owner occupied, and would fetch minimum $2,200 plus utilities. Total potential income $84,600. NOI - $ 65,921, Cap Rate - 7.16%, ROI - 6.54% (id:63357)
Property Details
- Property Type
- Detached
- Year Built
- 2008
- Status
- Active
Location & Neighborhood
Explore what's nearby 2989-2993 Lovett Road
Explore More in Coldbrook
Listing Courtesy of
Keller Williams Select Realty (Kentville)
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