Office Listings

89 Crescent Drive
Kings County New Minas B4N 3G7

$399,000
Multi-Family built: 1885

Main Photo: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 1: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 2: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 3: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 4: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 5: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 6: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 7: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 8: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 9: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 10: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 11: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 12: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 13: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 14: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 15: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 16: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 17: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 18: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 19: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 20: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 21: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 22: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 23: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 24: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 25: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 26: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Photo 27: 89 Crescent Drive in New Minas: Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 202411865
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202411865
Year Built:
1885
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 Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Outside Dimenions:
N/A
Lot Size:
13,669.128 sq. ft.
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
3
Year built:
1885 (Age: 139)
Age:
139
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Block, Stone
Basement:
Crawl Space, Full, Undeveloped, Walkout
Floor Finish:
Hardwood, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
Yes
Parking Description:
Parking for each unit
Driveway:
Dirt
Water Supply:
Municipal
Water And Sewage:
$69
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
2
Num 3 Bed Units:
1
Num 4 Bed Units:
1
# Of Fridges:
4
# Of Stoves:
3
Rental Income:
Yes, $4280+
Other Income:
$1500 potential in New Unit
Insurance Expense:
$130.72
Taxes Costs:
$174.51
Maintenace:
46.0
Snow / Garbage Collection:
0
Electricity Bill:
$125
Approx. Total Expense:
$550.23
Apt Conforming, Laundry, Multi-Use Rooms
Fridge x 4, Stove x 3
Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
None
None
No
Unit B-89 Crescent Dr New Minas Land Dwellings
Zoning:
C3
Elementary School:
New Minas Elementary School
High School:
Horton High School
Possession Info:
Negotiable
Listed Date:
May 28, 2024
Days on Mkt:
17
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Data was last updated June 14, 2024 at 05:20 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$422,500
Min list price:
$334,900
Max list price:
$5,525,000
Avg days on market:
26
Min days on market:
4
Max days on market:
112
These statistics are generated based on the current listing's property type and located in Kings County. Average values are derived using median calculations.
Kane Smith