About 2989-2993 Lovett Road
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%
Features of 2989-2993 Lovett Road
| MLS® # | 202523348 |
|---|---|
| Price | $990,000 |
| Bedrooms | 6 |
| Acres | 6.42 |
| Year Built | 2008 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 2989-2993 Lovett Road |
|---|---|
| Area | Annapolis Valley |
| Subdivision | V2 |
| City | Coldbrook |
| County | Kings |
| Province | NS |
| Postal Code | B4R 1A4 |
Amenities
| Utilities | Cable Connected, Electricity Connected |
|---|---|
| Parking Spaces | 2 |
| Parking | Double, Gravel, Driveway, Parking Spaces(s), Shared |
| Is Waterfront | Yes |
| Waterfront | Lake, River Front, River Access |
| Has Pool | No |
Interior
| Appliances | Stove, Dishwasher, Dryer, Washer, Range Hood, Refrigerator, Microwave |
|---|---|
| Heating | Baseboard, Ductless, In Floor |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | 3 to 9.99 Acres |
| Roof | Asphalt |
| Construction | Vinyl Siding |
| Foundation | Concrete Perimeter, Slab |
Additional Information
| Zoning | R2 & O1 |
|---|
Listing Details
| Office | Keller Williams Select Realty (Kentville) |
|---|