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. (229367940)
Property Type
Multi-family
Time on REALTOR.ca
35 days
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