For Sale

$899,000

16 Birches Drive , Halifax, Nova Scotia B3N1J1

Remarks

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:7526)

Property Summary

  • Neighbourhood: Halifax
  • Built in: 1936

Property Features:

  • Amenities Nearby:
    Park , Playground , Shopping , []
  • Community Features:
    Recreational Facilities
  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system
  • Utility Type:
    [] - Unknown

Building Features:

  • Amenities:
    []
  • Appliances:
    Stove , Dryer , Washer , Refrigerator
  • Building Type:
    Triplex
  • Exterior Finish:
    Aluminum siding , Vinyl
  • Flooring Type :
    Ceramic Tile , Hardwood , Laminate , Vinyl
  • Foundation Type:
    Concrete Perimeter

Listing courtesy of: 

Exit Realty Metro

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