A well maintained upgraded legal 2 units property with opportunity to grow. With R3 zoning, it allows stacked-attached housing. The central location makes it convenient to everywhere and very easy to rent. There are a lot of upgrades have been done to this property recently includes: roof shingles, vinyl windows, siding, laminate flooring, two new ductless heat pumps, two 100 amp electrical panels, new isolation in the ceiling and side wall, Roth oil tank and two new sets of washer and dryer. The main level of the home offers an eat-in kitchen, spacious living room with oversized window, 3 bedrooms are all in good size with large closets, full bathroom and back porch/additional side entrance. The lower level was extensively renovated second unit with its own entrance. It comes with a kitchen, living room, and 2 large bedrooms with a full bathroom. A spacious laundry room and storage is shared and can be accessed by both units. Upper unit is currently rent for $1,900 a month. Lower unit is currently vacant but it was rented for $1,600 a month. It generates about $35,000 net income a year. This is a great choice for your investment portfolio!
Listing Sub-Area:
8-Armdale/Purcell's Cove/Herring
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
26.3X28 + 1.4x9
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
1
Year built:
1973
(Age: 49)
Age:
49
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Heat Pump -Ductless, Hot Water, Ductless Cooling
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
Double paved parking
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
1697
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 42000
Approx. Net Income:
34,893
Insurance Expense:
2400
Taxes Costs:
3009
Approx. Total Income:
42000
Laundry
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping
Range - Electric, Dryer - Electric, Washer, Refrigerator
Data was last updated May 23, 2022 at 03:20 AM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$799,000
Min list price:
$329,900
Max list price:
$4,999,900
Avg days on market:
25
Min days on market:
2
Max days on market:
282
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.