Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
- Unfinished, Full
- Year Built
- 1921





Property Snapshot
MLS #202621208
Type, style and structure
Land, frontage and setting
This multi-family in Halifax offers a 0.165 ac lot. Built in 1921. The property has lot dimensions of 0.1653. The home features hardwood and vinyl plank flooring, baseboard heaters, oil, electric heating, a unfinished, full basement.
Fully leased Halifax triplex generating $64,200 in annual gross rental income. The property contains two 2-bedroom units and one 1-bedroom unit, currently rented for $1,850, $1,750 and $1,750 per month. Each unit has in-suite laundry and its own electrical meter, with tenants paying their own electricity and heat. The landlord is responsible for water and the hot-water cost serving two units. Approximately $30,000 in recent improvements has helped create a well-maintained rental property with income already in place. Plans and engineering have been completed for a proposed fourth unit and are available to qualified buyers. Buyers should independently confirm permitting and development requirements. Additional features include a powered detached garage, paved parking for three vehicles, municipal water and sewer, and an approximately 7,200-square-foot lot. The property is within walking distance of Chocolate Lake and approximately eight minutes from the QEII, with convenient access to shopping, transit and amenities. A detailed rent roll, operating expenses and fourth-unit documentation are available upon request. Outside, you've got a detached garage with power, a paved driveway with parking for three, and a spacious yard. The location is another big plus, with Chocolate Lake within walking distance, 8 minutes to the QEII, and shopping and everyday amenities close by. Whether you're adding to an existing portfolio or looking for your first multi-unit investment, this is a property with income in place today and the potential to create even more tomorrow. (id:60351)
Herring Cove Road to Osbourne Street
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Price, taxes and monthly charges
Listed by Kip Walker, Royal LePage Atlantic (Dartmouth)
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Listed by Kip Walker, Royal LePage Atlantic (Dartmouth) · MLS# 202621208
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