2989-2993 Lovett Road
Kings County
Coldbrook
B4R 1A4
$990,000
Multi-Family
built: 2008
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202523348
- Year Built:
- 2008
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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.
- 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)2.6 hectare(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
- 1377'420 m
- Access: River Front
- Assessment:
- 679400.0
- Assessment Year:
- 2025
- Zoning:
- R2 & O1
- Possession Info:
- Negotiable
- Listed Date:
- Sep 15, 2025
- Days on Mkt:
- 1
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Listed by Keller Williams Select Realty (Kentville)
Data was last updated September 16, 2025 at 05:20 PM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $495,000
- Min list price:
- $125,000
- Max list price:
- $2,500,000
- Avg days on market:
- 52
- Min days on market:
- 1
- Max days on market:
- 242
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Kevin Stacey, REALTOR®
- Kentville
- (902) 698-0885
- Contact by Email