- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202428483
- Year Built:
- 1985
- Photos (27)
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Welcome to 312 Morton Street, an outstanding legal triplex located in Kentville, just steps away from the NSCC Kingstec Campus. This property is strategically positioned to maximize rental income and offers incredible future development potential on its spacious 16,000 sq ft lot. The roof has recently been replaced, ensuring peace of mind and long-term durability for years to come. Each of the 3-bedroom units has its own electrical meter, separate entrance, private laundry and dedicated parking, ensuring convenience and independence for every tenant. The main townhouse-style side-by-side units are currently leased on fixed term agreements, while the third unit in the lower level is on a month to month lease. Whether you're an investor looking for immediate cash flow or a visionary seeking to unlock the recent upgrades, and large lot, the possibilities are endless. Don't miss out on this rare find.
- Take exit #12 off Hwy 101, head North on New Minas Connector/Cornwallis River Crossing for 3.6km. Turn left on Belcher St, and right onto Applecrest Dr. Turn left on Charles and left onto Morton.
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 32'6'' X 31'6''
- Outside Dimenions:
- 32'6'' X 31'6''
- Lot Size:
- 16,000 sq. ft.
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 3
- Year built:
- 1985 (Age: 39)
- Age:
- 39
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Laminate, Linoleum, Vinyl Plank
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- Included in the rent
- Driveway:
- Gravel
- Water Supply:
- Municipal
- Water And Sewage:
- $57/M
- Sewer:
- Municipal
- Num Units:
- 3
- Num 3 Bed Units:
- 3
- # Of Dryers:
- 2
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- # Of Washers:
- 2
- Rental Income:
- Yes, $4,341/M
- Approx. Net Income:
- $3,202/M
- Insurance Expense:
- $304/M
- Taxes Costs:
- $403/M
- Electricity Bill:
- $189/M
- Approx. Total Expense:
- $1,139/M
- Approx. Total Income:
- $4,341/M
- Laundry
- Fridges x 3, Stoves x 3, Washers x 2, Dryers x 2.
- Golf Course, Park, Playground, Place of Worship
- Stove, Dryer, Washer, Refrigerator
- None
- Shed
- No
- Zoning:
- R3
- Possession Info:
- Negotiable
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Listed by Press Realty Inc.
Data was last updated December 27, 2024 at 05:20 PM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $394,450
- Min list price:
- $275,000
- Max list price:
- $5,525,000
- Avg days on market:
- 81
- Min days on market:
- 7
- Max days on market:
- 308
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.
- MEGAN WHITE
- EXIT REALTY TOWN & COUNTRY
- 1 (902) 6802736
- Contact by Email
Megan White
Exit Realty Town & Country
Office Address:
8873 Commercial Street
New Minas, NS, B4N 3C4