Main Points Of Interest
For Sale
$1,299,000
Status
Active
Assessment
$78,100 (2012)
Age
6
Days Listed
23
List Date
April, 10th, 2024
MLS®#
202406743
Prop Type
Fourplex
Zoning
R2
Lot Size
Lot Size M
1,250 sq ft
Acres
Under 0.5 Acres
Water
Municipal
Sewer
Municipal

Attention investors! This is an incredible opportunity to own a 6-year-old loft-style fourplex in downtown halifax! Exemption from foreign buyer ban! The building offers four 2-level one bedroom,1.5 bath units, in which two of them feature balconies. All four units have their own kitchen and laundry. Boasting aluminum siding and a metal roof, the property requires zero maintenance. With fixed-term leases in place and tenants base consisting of young professionals, this property generates substantial income for the current owner while presents significant potential for increased revenue. Owners can choose to rent out all four units or occupy one while renting out the remaining three. With this prime location, it's also a perfect location to do short-term rentals, i.e. Airbnb. It's truly a rare investment opportunity .call today to book your showing!


Dwelling Details
Year Built (approx)
2018
Heating
Baseboard
Fuel Type
Electric
Foundation
Concrete
Basement
Full,Fully Developed
Exterior
Aluminium Siding,Stone,Vinyl
Dimensions
28.1 X 24.7
Roof
Metal
Flooring
Laminate,Porcelain
Appliances
Stove,Dishwasher,Washer/Dryer Combo,Refrigerator
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00149377
Community Feat
Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping
County
Halifax
Postal Code
B3K 3S1
Directions
Gottingen St Onto Buddy Daye St Right To Creighton
Parking/Garage Details
Garage
No
Garage Details
Driveway
None
Parking Y/N
n/a
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
4
2 Bedrm Units
0
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
4
Stoves
4
Fridges
4
Dishwashers
4
Microwaves
0
Washers
4
Dryers
4
Jerry Lynds Halifax real estate agent Want to view this property with no pressure or hassles? Jerry can make all the arrangements for this, or as many properties that catch your eye!

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Other Details
Original Price
$1,349,000 (since reduced $50,000)
Last Price Change
May, 3rd, 2024
Inclusions
Exclusions
Tenants Belongings
PCDS
No
Possession
Immediate
MLS® Area
Halifax - Dartmouth: 1-Halifax Central
Listing Office
Royal Lepage Atlantic
FINANCIALS
income
Rental Income71400
Laundry Income
Other Income
Gross Income7140071400
EXPENSES
Insurance1200
Heating
Management
Maintenance
Electricity
Taxes9000
Water/Sewage1200
Snow/Garbage
Other Costs
Total Expenses
Summary
Net Income60000
Lat/Lng:
44.654037, -63.588348
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
St. Joseph's-Alexander McKay
PR-6
Elementary English Program
Joseph Howe
PP-PP
Elementary English Program
Joseph Howe
7-9
Jr Hi Early French Immersion
Oxford
7-9
Jr Hi English Program
Oxford
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

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