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Our Agents' Listings
- Status:
- Pending
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202103125
- Year Built:
- 1929
Investors take notice! Great opportunity to purchase an extremely profitable investment property! Located in the sought after South End of Halifax's peninsula and just minutes to Dalhousie University and King's College. With zero past vacancies during the current ownership and full occupancy until May 2022 (unit B) and September 2022 for units A and C, you will start making money instantly! Major updates to the property include: Roof shingles, windows, electrical, plumbing, all kitchens, most bathrooms, front veranda and many more. 2020 net income $86,984 with a cap rate of 6.2%. Please contact today for more detailed information and to book a private showing. Don't miss out on this fantastic opportunity!
- Listing Sub-Area:
- 2-Halifax South
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Building Dimenions:
- 51x27(+/-jog)
- Lot Details:
- 3135 sq ft
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 3
- Year built:
- 1929 (Age: 92)
- Age:
- 92
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Ceramic, Hardwood, Laminate, Marble
- Roof:
- Asphalt Shingle
- Heating:
- Hot Water, Radiator
- Fuel:
- Oil
- Parking:
- Yes
- Parking Description:
- Paved, 9.4’ wide at the sidewalk narrowing to 7.26’ at back 95' long
- Driveway:
- Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 2760.45
- Sewer:
- Municipal
- Num Units:
- 3
- # Of Dishwashers:
- 3
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- Rental Income:
- Yes, 111745.00 (2020)
- Approx. Net Income:
- 86,984.32
- Insurance Expense:
- 5681.00
- Taxes Costs:
- 8527.48 (2020/21)
- Heating Bill:
- 4212.04
- Electricity Bill:
- 3569.71
- Approx. Total Expense:
- 24,760.68
- Approx. Total Income:
- 111745.00 (2020)
- Balcony, Cable, Power, Storage, Telephone
- Other
- No
- Zoning:
- R2
- Elementary School:
- Lemarchant-St. Thomas Elementary
- Middle School:
- Halifax Central Junior High Scho
- High School:
- Citadel High School
- Possession Info:
- Negotiable
- Listed Date:
- Feb 23, 2021
- Days on Mkt:
- 12
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Welcome to Jennings! -
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Data was last updated March 7, 2021 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $1,347,500
- Min list price:
- $799,500
- Max list price:
- $1,999,000
- Avg days on market:
- 66
- Min days on market:
- 11
- Max days on market:
- 238
These statistics are generated based on the current listing's property type
and located in
2-Halifax South. Average values are
derived using median calculations.
- Anne Da Silva
- Keller Williams Select Realty
- 902-406-4300
- Contact by Email
KELLER WILLIAMS SELECT REALTYI make myself available at all times. My web site is here to help you 24 hours a day. You can search listings at your own convenience, browse reports, and read up on real estate info on your own terms. When you are ready to see a listing in person, or just have a simple question, please don't hesitate to contact me! | Contact Info
Office 902-780-4779
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