Main Points Of Interest
For Sale
$1,349,900
Status
Active
Assessment
n/a
Age
122
Days Listed
213
List Date
May, 23rd, 2024
MLS®#
202411340
Prop Type
Fourplex
Zoning
HCD-SV
Lot Size
Lot Size M
1,728 sq ft
Acres
Under 0.5 Acres
Water
Municipal
Sewer
Municipal

Introducing a fantastic income property opportunity located in the heart of the halifax peninsula. This fourplex is situated in a highly sought-after location, close to the university, hospital, and a supermarket, making it an ideal choice for tenants seeking convenience and accessibility. The property consists of four well-maintained units, with three one-bedroom apartments and one spacious three-bedroom unit. Each unit is designed to offer comfortable living spaces and is fully rented all year round, ensuring a steady and reliable stream of income for the owner. The three one-bedroom units are perfect for students, young professionals, or couples looking for a cozy and affordable place to call home. These units feature open-concept layouts, modern kitchens equipped with essential appliances, comfortable bedrooms, and well-appointed bathrooms. Each unit also includes ample storage space and large windows that fill the rooms with natural light. The highlight of this fourplex is the three-bedroom unit, which offers a spacious and inviting living environment. With its generous square footage, this unit is ideal for families or professionals seeking more space. The unit features a fully equipped kitchen with modern appliances, a comfortable living room, three well-sized bedrooms, and two bathrooms. It provides an excellent opportunity for higher rental income due to its size and desirability. The location of this income property is truly unbeatable. Situated in the heart of the halifax peninsula, tenants will enjoy the convenience of living within walking distance of the university, hospital, and a well-stocked supermarket. The area is also surrounded by a variety of amenities, including restaurants, cafes, parks, and shops, ensuring tenants have everything they need within easy reach. Investing in this fully rented fourplex not only provides immediate cash flow but also promises excellent long-term potential.


Dwelling Details
Year Built (approx)
1902
Heating
Baseboard
Fuel Type
Electric
Foundation
Stone
Basement
Fully Developed
Exterior
Wood Siding
Dimensions
41x23
Roof
Asphalt Shingle
Flooring
Carpet,Hardwood,Laminate,Tile
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00092429
Community Feat
Park,Public Transit,Recreation Center,Shopping
County
Halifax
Postal Code
B3J 1C4
Directions
Barrington Street To Morris Street Or South Park Street To Morris Street
Parking/Garage Details
Garage
No
Garage Details
Driveway
Gravel,Single
Parking Y/N
Yes
Parking Details
(One outdoor parking space.)
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
3
2 Bedrm Units
1
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
4
Stoves
4
Fridges
4
Dishwashers
0
Microwaves
4
Washers
4
Dryers
4
Jerry Lynds Halifax real estate agent Wouldn't it be nice to have an agent that tells you the bad stuff about properties and not just the good selling points? If so, contact Jerry!

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Other Details
Original Price
$1,349,900 (unchanged)
Last Price Change
May, 23rd, 2024
Inclusions
Exclusions
PCDS
Yes
Possession
Negotiable
MLS® Area
Halifax - Dartmouth: 2-Halifax South
Listing Office
Re/max Nova
FINANCIALS
income
Rental Income96000
Laundry Income
Other IncomeOne parking spot - $125/month
Gross Income
EXPENSES
Insurance3600
HeatingTenants Pay
Management
Maintenance2000
ElectricityTenants Pay
Taxes5125.01
Water/Sewage1200
Snow/Garbage800
Other Costs
Total Expenses
Summary
Net Income
Lat/Lng:
44.640373, -63.577061
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
LeMarchant-St. Thomas
PR-6
Elementary English Program
Saint Mary's
7-9
Jr Hi Early French Immersion
Gorsebrook
7-9
Jr Hi English Program
Gorsebrook
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

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