14-24 Kadray Court (MLS® 202610907)

Kentville, NS, B4N 5K2

Summary

MLS ®:
 202610907
Price:
 $2,435,000
Status:
 Active
District:
 DIKIN
Zoning:
 R3
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 171000/yr - 6 Units Rented
Approx. Net Income:
 124378
Laundry Income:
 NA
Other Income:
 NA
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 46622
Maintenance Expense:
 2411
Management Expense:
 NA
Snow & Garbage Expense:
 3464
Water & Sewage Expense:
 1191
Insurance Expense:
 5807
Tax Costs:
 14824
Electricity Bill:
 1390
Heating Bill:
 6010
Other Costs:
 11525
Expense Details:
Call 902-499-7886

Property Overview

14-24 Kadray Court, Kentville (MLS® 202610907): Fully renovated 6 unit residential income property located near Memorial Park and The Gorge in Kentville. New propane boiler for the in-floor heating system, stone composite flooring, high end appliances, fully rebuilt back balconies, smart locks, eye catching light fixtures and signature paint colour scheme that pops. No details have been left untouched. Outside, facia boards and flashings have been upgraded, and the line of trees along the back side of the property cleaned up and trimmed away from the building. 6x Fixed Term leases and strong rental income. A great investment property for someone looking to add a top tier building to their portfolio with all the renovations and repairs already professionally done! Opportunity to add a 4-unit building, storage units, and electric car charging station on site (Buyer to verify with the town of Kentville).

Listing Courtesy of: MacKay Real Estate Ltd.

Directions

Highway 101, exit 14 head east on Park Street into Kentville, turn right onto Gladys Porter, then right onto Kadray Court.

Building Specs.

Building Age:
24
Building Dimensions:
Irregular
Foundation Type:
Slab
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick, Vinyl
Flooring Type:
Other
Heating & Cooling:
Heat Pump -Ductless, In Floor
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
None
Parking:
Tenant & Guest Parking
Driveway/Parking:
Gravel

Features

Air Conditioning, Heat/Air Exchange, Power

Community Features

Park, Public Transit, School Bus Service

Schools

Elem. School: Kings County Academy
Mid. School: Kings County Academy
High School: Northeast Kings Education Centre

Inclusions

Appliances in each unit - Fridge, Stove, Washer, Dryer, Dishwasher, Steel Hood Vents

Exclusions

Tenant personal items

Rental Equipment

Propane Tank

Map

Contact Agent