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!
Highway 101, exit 14 head east on Park Street into Kentville, turn right onto Gladys Porter, then right onto Kadray Court.
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
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
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
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
Air Conditioning, Heat/Air Exchange, Power
Appliances in each unit - Fridge, Stove, Washer, Dryer, Dishwasher, Steel Hood Vents
Data was last updated June 27, 2025 at 01:20 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$560,000
Min list price:
$279,000
Max list price:
$2,500,000
Avg days on market:
42
Min days on market:
1
Max days on market:
489
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.