Main Points Of Interest
For Sale
$990,000
Status
Active
Assessment
n/a
Age
100
Days Listed
69
List Date
April, 9th, 2025
MLS®#
202507239
Prop Type
Triplex
Zoning
ER-1
Lot Size
Lot Size M
2,958 sq ft
Acres
Under 0.5 Acres
Water
Municipal
Sewer
Municipal
Currently double digit returns with rent increases coming in september, located in a desirable area, tenants pay the power which includes the electric heat. Little maintenance, zero vacancy + increasing rents. Whether your first investment or adding to your portfolio this property provides better than average returns. 3 x 2 bedroom units with current rents, all term leases (august 31 2025), of $1900, $1900 + $1950.
Dwelling Details
Num Stories
3
Commercial Space
No
Year Built (approx)
1925
Heating
Baseboard
Fuel Type
Electric
Foundation
Concrete,Stone
Basement
Undeveloped
Exterior
Vinyl
Dimensions
31' X 22'3"
Roof
Tar/Gravel
Flooring
Laminate
Appliances
Stove,Dishwasher,Refrigerator
Building Feat
Balcony,Laundry
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00155184
County
Halifax
Postal Code
B3K 3R6
Directions
Gottingen To Buddy Daye Left On Creighton
Parking/Garage Details
Garage
No
Garage Details
Driveway
None
Parking Y/N
No
Parking Details
(Street Permit)
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
0
2 Bedrm Units
3
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
3
Stoves
3
Fridges
3
Dishwashers
3
Microwaves
0
Washers
2
Dryers
2
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Other Details
Original Price
$1,050,000 (since reduced $60,000)
Last Price Change
May, 10th, 2025
Inclusions
3 Fridges, 3 Stoves, 3 Dishwashers, 2 Washers, 2 Dryers
Exclusions
Tenant Belongings
PCDS
No
Possession
Negotiable
Rent Control
Yes
MLS® Area
Halifax - Dartmouth: 1-Halifax Central
Listing Office
Avalon Realty
FINANCIALS
| income | ||
| Rental Income | 69000 | |
| Laundry Income | ||
| Other Income | ||
| Gross Income | 69000 |  69000 |
| EXPENSES | ||
| Insurance | 1260 | |
| Heating | ||
| Management | ||
| Maintenance | 1200 | |
| Electricity | 696 | |
| Taxes | 3684 | |
| Water/Sewage | 1032 | |
| Snow/Garbage | ||
| Other Costs | 690 | |
| Total Expenses | 8562 | 8562 |
| Summary | ||
| Net Income | 60438 | |
Lat/Lng:
44.653282, -63.587238
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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