Main Points Of Interest
For Sale
$779,900
Status
Active
Assessment
$311,800 (2012)
Age
83
Days Listed
25
List Date
April, 10th, 2024
MLS®#
202406764
Prop Type
Duplex
Zoning
R2
Lot Size
Lot Size M
3,300 sq ft
Acres
Under 0.5 Acres
Legal Desc
LOT 61
Water
Municipal
Sewer
Municipal

Take advantage of this exceptional opportunity to invest in two spacious 3-bedroom over/under flats with in-unit laundry and a convenient location near various amenities. These flats have been well-maintained with several updates over the years, including new vinyl windows in 2015, a new oil tank in 2020, two new water heaters in 2019, roof shingles replaced in 2009, and upgraded hot air furnaces in 2007 and 2017, among other improvements. The price includes all appliances, simplifying the investment process. Currently, the landlord covers the cost of oil, but there's potential to increase revenue by installing a second oil tank and having tenants cover the oil expenses. This is a rare opportunity to acquire a reliable income property with potential for added value through strategic adjustments.


Dwelling Details
Commercial Space
No
Year Built (approx)
1941
Heating
Forced Air
Fuel Type
Oil
Foundation
Concrete
Basement
Crawl Space
Exterior
Dimensions
42 X 22.5 + 9x5
Roof
Asphalt Shingle
Flooring
Ceramic,Hardwood,Laminate
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00009654
County
Halifax
Postal Code
B3L 3H3
Directions
Chebucto Road Or Churchill Drive To Joseph Street.
Parking/Garage Details
Garage
No
Garage Details
Driveway
Paved
Parking Y/N
Yes
Parking Details
(2-3 vehicles)
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
0
2 Bedrm Units
0
3 Bedrm Units
2
4 Bedrm Units
0
Units Occupied
2
Stoves
2
Fridges
2
Dishwashers
0
Microwaves
0
Washers
2
Dryers
2
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Other Details
Original Price
$779,900 (unchanged)
Last Price Change
April, 10th, 2024
Inclusions
Exclusions
PCDS
Yes
Possession
MLS® Area
Halifax - Dartmouth: 4-Halifax West
Listing Office
City St Realty
FINANCIALS
income
Rental Income$58,950
Laundry Income
Other Income
Gross Income$58,950$58,950
EXPENSES
Insurance$3,597.00
Heating$4,316.55
Management
Maintenance
Electricity
Taxes$5,545.92
Water/Sewage$1,909.94
Snow/Garbage
Other Costs
Total Expenses$15,369.41$15,369.41
Summary
Net Income$43,580.59
Lat/Lng:
44.643719, -63.617500
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
St. Catherine's
PR-6
Elementary English Program
Westmount
7-9
Jr Hi Early French Immersion
Oxford
7-9
Jr Hi English Program
St. Agnes
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

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