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16 Birches Drive Halifax, Nova Scotia B3N 1J1

$899,000

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)

Property Details

MLS® Number 202511594
Property Type Multi-family
Community Name Halifax
Amenities Near By Park, Playground, Shopping, Beach
Community Features Recreational Facilities

Building

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

Land

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

Utilities

Cable Available Unknown

https://www.realtor.ca/real-estate/28337038/16-birches-drive-halifax-halifax

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Scott Allison

(902) 880-9699
(902) 442-8221
www.stickwithscott.ca/

Exit Realty Metro
107 - 100 Venture Run, Box 6
Dartmouth, Nova Scotia B3B 0H9

(902) 444-3948
(902) 442-1825
www.exitmetro.ca/