This is an excellent opportunity to invest in the most sought after location in halifax, either as an owner occupied or pure investment. This 3 storey walk-up features 5 character filled one bedroom apartments, each with their own charm. The units are below current market rents. For the first time investor this is the perfect place, an exceptional location, the ability to put your own stamp on the building, manage a simple building all while having the option to live in a really cool apartment. Two of the leases are year to year, 2 are a term lease. The last has just given noticed and will be switched to a term lease as well. For the savvy investor the finances have upside as tenants turn over, while the location will always be a pure blue chip part of your portfolio. A couple of things to know, there is no parking, the income is approximated based on the current unit being occupied, the expenses are based on 2023 actuals. The units generally show well and the tenants are excellent. The building is approximately 155 years old- so think charming, cool floors, nice trim and lots of character and the maintenance that goes with it. This is an absolute must see for investors in halifax.
Dwelling Details
Num Stories
3
Commercial Space
No
Year Built (approx)
0
Heating
Baseboard,Hot Water,Radiator
Fuel Type
Natural Gas
Foundation
Stone
Basement
Full,Partially Developed
Exterior
Aluminium Siding,Wood Siding
Dimensions
Irregular
Roof
Asphalt Shingle
Flooring
Carpet,Hardwood,Laminate,Linoleum
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00092882
Community Feat
Public Transit,Shopping,Place of Worship
County
Halifax
Postal Code
B3J 1B3
Directions
Barrington Street To Morris Street.
Parking/Garage Details
Garage
No
Garage Details
Driveway
None
Parking Y/N
No
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
5
2 Bedrm Units
0
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
4
Stoves
5
Fridges
5
Dishwashers
0
Microwaves
0
Washers
1
Dryers
1
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