Opportunity to own a positive, cash flowing, building located in a convenient location in Armdale! Walk to Chocolate Lake for a swim. Bus routes to Bayers Lake & Downtown right at your feet. With $96,000 plus of income, this is a great long term hold. 2, 3, and 4 bedroom units with a garage and lots of parking. NOI $77,058 and a cap rate @ 8.5%. Current lease are $1900 uper 2 bedroom periodic lease, lower 2+den 2700 Fixed expires Aug 30, $3400 main floor 4 bedroom Lower Den does not have a window and does not meet egress. (id:45785)
MLS® Number | 202511594 |
Property Type | Multi-family |
Community Name | Halifax |
Amenities Near By | Park, Playground, Shopping, Beach |
Community Features | Recreational Facilities |
Amenities | Fireplace(s) |
Appliances | Stove, Dryer, Washer, Refrigerator |
Constructed Date | 1936 |
Exterior Finish | Aluminum Siding, Vinyl |
Flooring Type | Ceramic Tile, Hardwood, Laminate, Vinyl |
Foundation Type | Concrete Perimeter |
Type | Triplex |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Park, Playground, Shopping, Beach |
Sewer | Municipal Sewage System |
Size Irregular | 0.1722 |
Size Total | 0.1722 Ac |
Size Total Text | 0.1722 Ac |
Cable Available | Unknown |
https://www.realtor.ca/real-estate/28337038/16-birches-drive-halifax-halifax
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Scott Allison