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Lynn Violette

lynnvioletterealestate@gmail.com +1(902) 880-7024

Listed by Kip Walker • Royal LePage Atlantic (Dartmouth)

$ 749,900

Est. payment | -/mo

5 Beds

7,200 Sqft Lot

Save Virtual Tour

$ 749,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

7,200 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202621208

Bedrooms 5

HOA Y/N No

Year Built 1921

Lot Size 7,200 Sqft

Acres 0.1653

Property Sub-Type Triplex

Source Nova Scotia

Property Description

Fully leased Halifax triplex generating $64,200 in annual gross rental income. The property contains two 2-bedroom units and one 1-bedroom unit, currently rented for $1,850, $1,750 and $1,750 per month. Each unit has in-suite laundry and its own electrical meter, with tenants paying their own electricity and heat. The landlord is responsible for water and the hot-water cost serving two units. Approximately $30,000 in recent improvements has helped create a well-maintained rental property with income already in place. Plans and engineering have been completed for a proposed fourth unit and are available to qualified buyers. Buyers should independently confirm permitting and development requirements. Additional features include a powered detached garage, paved parking for three vehicles, municipal water and sewer, and an approximately 7,200-square-foot lot. The property is within walking distance of Chocolate Lake and approximately eight minutes from the QEII, with convenient access to shopping, transit and amenities. A detailed rent roll, operating expenses and fourth-unit documentation are available upon request. Outside, you've got a detached garage with power, a paved driveway with parking for three, and a spacious yard. The location is another big plus, with Chocolate Lake within walking distance, 8 minutes to the QEII, and shopping and everyday amenities close by. Whether you're adding to an existing portfolio or looking for your first multi-unit investment, this is a property with income in place today and the potential to create even more tomorrow.

Location

Province NS

County Halifax

Area 7-Spryfield

Zoning R-2

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Full, Unfinished

Bedroom 2 5625

Dining Room 63600

Kitchen 899

Interior

Heating Baseboard

Flooring Hardwood, Vinyl Plank

Equipment No Rental Equipment

Fireplace No

Appliance Stove, Dishwasher, Dryer, Washer, Refrigerator

Exterior

Community Features School Bus Service

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Garage Yes

Private Pool No

Building

Lot Description Under 0.5 Acres

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Chebucto Heights Elementary School

Middle Schools Elizabeth Sutherland School

High Schools Jl Ilsley High School

Others

Ownership Freehold

ParcelsYN No

Virtual Tour https://my.matterport.com/show/?m=EuKKcU6gMzb&mls=1

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(902) 880-7024

lynnvioletterealestate@gmail.com

80, 82, 84 Osborne St Halifax, NS B3N 1A6