About this home

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. (id:63626)

Listed by: Kip Walker, Royal LePage Atlantic (Dartmouth)

Home facts and features

Price details

List Price

$749,900

Home facts

Bedrooms

Full Bathrooms

Parking Details

Paved Yard, Parking Space(s)

Property Type

Multifamily

Lot Size

7200 ft²

Depth

Year Built

Built in 1921 (105 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Oil, Electric

Basement Details

Unfinished, Full

Appliances

Dishwasher, Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Kip Walker

Primary Broker

Royal LePage Atlantic (Dartmouth)

Listing details

Days on REW

51 Days

Property Views

MLS® Number

202621208

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 9km

Chebucto Heights Elementary School

n/a
K - 6
In Catchment

John W. MacLeod-Fleming Tower Elementary School

n/a
K - 6
In Catchment

Cunard Junior High School

n/a
7 - 9
In Catchment

Central Spryfield School

n/a
K - 6
In Catchment

J. L. Ilsley High School

n/a
10 - 12
In Catchment

Elizabeth Sutherland School

n/a
K - 9
In Catchment

Rockingstone Heights School

n/a
K - 9
In Catchment

Harrietsfield Elementary School

n/a
K - 6
In Catchment

William King Elementary School

n/a
K - 6
In Catchment

Herring Cove Junior High School

n/a
7 - 9
In Catchment

80, 82, 84 Osborne StreetHalifax, NS, B3N 1A6