Main Points Of Interest
For Sale
$1,449,900
Status
Active
Assessment
$300,100 (2012)
Age
n/a
Days Listed
20
List Date
April, 13th, 2024
MLS®#
202407075
Prop Type
Fourplex
Zoning
R-2 - RESIDENTIAL MEDIUM DENISTY
Lot Size
Lot Size M
7,200 sq ft
Acres
Under 0.5 Acres
Legal Desc
LOT 7
Water
Municipal
Sewer
Municipal

Take note investors, here is a great revenue stream that is extremely easy to rent. This property borders on chocolate lake park & beach. With easy access through the backyard to the park, beach, playground and basketball courts you can see why this is such a desirable location. The property consists of three 3-bedroom apartments and one bachelor loft apartment. Renovations have been completed on the 3-bedroom apartments within the last few years. The top floor bachelor apartment had a rear deck added with a great view of chocolate lake. There is also a coin operated laundry room on site.


Dwelling Details
Year Built (approx)
0
Heating
Baseboard,Hot Water
Fuel Type
Oil
Foundation
Concrete
Basement
Fully Developed
Exterior
Vinyl
Dimensions
41.5 X 33.6 +jog
Roof
Asphalt Shingle
Flooring
Hardwood,Laminate,Tile
Appliances
Stove,Dishwasher,Dryer,Washer,Refrigerator
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00250357
Community Feat
Golf Course,Park,Playground,Public Transit,Recreation Center,Shopping,Marina,Place of Worship
County
Halifax
Postal Code
B3N 1E4
Directions
Herring Cove Road To Melwood Avenue.
Parking/Garage Details
Garage
No
Garage Details
Driveway
Parking Spaces(s),Paved
Parking Y/N
Yes
Parking Details
(Paved parking area.)
RENTAL UNITS & APPLIANCES
Bach Units
1
1 Bedrm Units
0
2 Bedrm Units
0
3 Bedrm Units
3
4 Bedrm Units
0
Units Occupied
4
Stoves
4
Fridges
4
Dishwashers
3
Microwaves
0
Washers
1
Dryers
1
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!

Request viewing or more information!

email confirmation message

This email will automatically attach to itself all of the necessary info that is needed to identify this property. I will do my best to get back you as soon as possible! - Jerry

Close [X]
Other Details
Original Price
$1,449,900 (unchanged)
Last Price Change
April, 13th, 2024
Inclusions
4 Stoves, 4 Fridges, 3 Dishwashers, Coin Operated Washer, Coin Operated Dryer.
Exclusions
Tenants' Belongings
PCDS
No
Possession
Negotiable
Docs On File
Financial Statements,Leases
MLS® Area
Halifax - Dartmouth: 8-Armdale/Purcell's Cove/Herring Cove
Listing Office
Keller Williams Select Realty
FINANCIALS
income
Rental Income78,432 (projected 2024)
Laundry Income3600 (projected 2024)
Other Income
Gross Income82032 (projected 2024)82032 (projected 2024)
EXPENSES
Insurance2734
Heating8533.48
Management
Maintenance6755.87
Electricity1209.14
Taxes5748.03
Water/Sewage2328.64
Snow/Garbage
Other Costs
Total Expenses27,309.1627,309.16
Summary
Net Income54,722.84 (projected 2024)
Lat/Lng:
44.637268, -63.621651
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
Springvale
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

Please note images may not be up to date