2989-2993 Lovett Road in Coldbrook: Kings County Multi-Family for sale (Annapolis Valley) : MLS®# 202523348
2989-2993 Lovett Road Coldbrook B4R 1A4 : Kings County
- $990,000
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202523348
- Status:
- Pending
- Year Built:
- 2008
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%
- From Coldbrook, north on Lovett Road to Civic #.
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Property Known As / Body of Water:
- Cornwallis River
- Building Dimenions:
- 45'2x28'2(x2)+12x24'2(x1.5)+24x36(x1.75)
- Outside Dimenions:
- 45'2x28'2(x2)+12x24'2(x1.5)+24x36(x1.75)
- Lot Size:
6.42 acre(s)
- Prop Size:
- 3 to 9.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 2
- Year built:
- 2008 (Age: 17)
- Age:
- 17
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete, Slab
- Basement:
- None
- Floor Finish:
- Carpet, Ceramic, Hardwood, Laminate, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless, In Floor
- Fuel:
- Electric
- Garage Description:
- Single Detached.
- Parking:
- Yes
- Parking Description:
- Driveway
- Driveway:
- Double, Gravel, Multiple Driveways, Parking Spaces(s), Shared
- Water Supply:
- Drilled Well, Shared
- Water And Sewage:
- Included in Taxes
- Sewer:
- Municipal
- Num Units:
- 4
- Num 1 Bed Units:
- 2
- Num 2 Bed Units:
- 2
- # Of Dishwashers:
- 4
- # Of Dryers:
- 4
- # Of Fridges:
- 4
- # Of Microwaves:
- 3
- # Of Stoves:
- 4
- # Of Washers:
- 4
- Rental Income:
- Yes, 84,600
- Approx. Net Income:
- 65,921
- Insurance Expense:
- 3,000 (estimated)
- Taxes Costs:
- 5,861
- Maintenace:
- 5977.0
- Snow / Garbage Collection:
- 1,000
- Heating Bill:
- (see electric)
- Electricity Bill:
- 2,841 (NSP incl. units)
- Approx. Total Expense:
- 18,679
- Approx. Total Income:
- 84,600
- Apt Conforming, Balcony, Cable, Laundry
- 4 fridges, 4 stoves, 4 washers, 4 dryers, 4 dishwashers, 3 micro/range
- Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
- None
- Deck, Shed
- Lake, River
- Yes
- 1377'
- Access: River Front
- Assessment:
- 679400.0
- Assessment Year:
- 2025
- Zoning:
- R2 & O1
- Possession Info:
- Negotiable
- Listed Date:
- Sep 15, 2025
- Days on Mkt:
- 34
Listed by Keller Williams Select Realty (Kentville)
Data was last updated October 18, 2025 at 11:20 PM (UTC)