6 Units Investment Property
22A Lynnett Road, Halifax (MLS® 201725724): Great turn key 6 units investment property selling separately or together with our sister building at 22 Lynnett Rd. (with a solid management in place). Check the Income Statement with a great cash flow and decent cap rate. Rents were increased in average of $75 to $100 per units over the last 4 years at this property. Upgraded electrical in 2013. New roof slightly pitch in 2014 over $22,000. Windows and siding are about 10 years old and some of the renovations done are including and not limited to: newer kitchen, laminate and/or engineer flooring 12mm +, painting inside the units and with hallways freshly painted this year and more. New playground for families build in 2017 by HRM. Come observe why one of our tenant is happily living there for more then 10 years and another one for more then 9 years. Owners are proud of their tenants and the work has been done to maintain a family friendly building where everyone is respectful and thankful. Ownership involvement could be minimal with next door living manager.
Listing Courtesy of Century 21 Trident Realty Ltd.
Park, Playground, public Transit, Recreation Center, School Bus Service, Shopping
6 Fridges and 6 stoves, 1 coin operated fully owned washer and 1 fully owned dryer