89 Crescent Drive (MLS® 202411865)

New Minas, NS, B4N 3G7

Summary

MLS ®:
 202411865
Price:
 $399,000
Status:
 Pending
District:
 DIKIN
Zoning:
 C3
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Other Income:
 $1500 potential in New Unit
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $550.23
Maintenance Expense:
 $46
Snow & Garbage Expense:
 0
Water & Sewage Expense:
 $69
Insurance Expense:
 $130.72
Tax Costs:
 $174.51
Electricity Bill:
 $125
Expense Details:
Call 902-499-7886

Property Overview

89 Crescent Drive, New Minas (MLS® 202411865): 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.

Listing Courtesy of: Exit Realty Town & Country

Directions

Behind Petro Canada

Building Specs.

Building Age:
139
Building Dimensions:
Irregular
Foundation Type:
Block, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Linoleum
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Parking for each unit
Driveway/Parking:
Dirt

Features

Apt Conforming, Laundry, Multi-Use Rooms

Community Features

Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship

Schools

Elem. School: New Minas Elementary School
High School: Horton High School

Inclusions

Fridge x 4, Stove x 3

Rental Equipment

None

Map

Contact Agent


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