Property Highlights

Fully renovated 6-unit income property
New propane boiler with in-floor heating
High-end appliances in each unit
Fully rebuilt back balconies
Upgraded exterior facia and flashings
Tenant and guest parking available

Overview

Fully renovated, 6 unit, residential income property located near Memorial Park and The Gorge in Kentville. Building offers 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 detail has been left untouched. The 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. Six 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!

General Info:Listing Sub-Area: Kings County

Property Type: Multi-Family

Multi-Family Type: 5 - 8 Unit

Title To Land: Freehold

Building Dimenions: Irregular

Lot Size: 0.72 acre(s)0.29 hectare(s)

Prop Size: 0.5 to 0.99 Acres

Commercial / Retail Space: No

# of Rental Units / Occupied: 6

Year built: 2001

(Age: 24)

Age: 24

Additional Info:Exterior Finish: Brick, Vinyl

Foundation: Slab

Basement: None

Floor Finish: Other

Roof: Asphalt Shingle

Heating: Heat Pump -Ductless, In Floor

Fuel: Electric, Propane

Garage Description: None

Parking: Yes

Parking Description: Tenant & Guest Parking

Driveway: Gravel

Water Supply: Municipal

Water And Sewage: $1414

Sewer: Municipal

Units:Num Units: 6

Num 2 Bed Units: 6

# Of Dishwashers: 6

# Of Dryers: 6

# Of Fridges: 6

# Of Microwaves: 0

# Of Stoves: 6

# Of Washers: 6

Income:Rental Income: Yes, $177,600/yr - 6 Units Rented

Laundry Income: NA

Other Income: NA

Approx. Net Income: $136,895

Insurance Expense: $5806

Taxes Costs: $10,723

Other Costs: $10,960

Management expense: NA

Snow / Garbage Collection: $2400

Heating Bill: $6860*

Electricity Bill: $919

Approx. Total Expense: $40,705

Approx. Total Income: $177,600/yr - 6 Units Rented

Features: Air Conditioning, Heat/Air Exchange, Power

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

Features Excluded: Tenant personal items

Community Features: Park, Public Transit, School Bus Service

Appliances Included: Range, Dishwasher, Dryer, Washer, Refrigerator

Rental Equipment: Propane Tank

Structures: Deck, Patio

Waterfront: No

Other Details:Assessment: 973200.0

Assessment Year: 2025

Zoning: R3

Possession Info: Immediate

School Info:Elementary School: Kings County Academy

High School: Northeast Kings Education Centre

Middle School: Kings County Academy

Listing Info:Listed Date: Jun 20, 2025

Days on Mkt:167

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