1023 Bland Street (MLS® 202127345)

Halifax, NS, B3H 2S8

Summary

MLS ®:
 202127345
Price:
 $1,299,900
Status:
 Pending
District:
 2
Zoning:
 R-2A
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Laundry Income:
 $1,800(potential)
Income Details:
Call 902-499-7886

Expenses

Water & Sewage Expense:
 $1800 (estimated)
Insurance Expense:
 $1,500
Electricity Bill:
 $500 (estimated)
Expense Details:
Call 902-499-7886

Property Overview

1023 Bland Street, Halifax (MLS® 202127345): This building is rare find or opportunity as 4 out of 5 units are not yet subject to the 2% cap so top market rents could be sought or 4 units are furnished and ready for short term rental. Add to your real estate portfolio with this stately 5 unit building and cater to a niche market of renters who seek renovated flats loaded with character and charm. This historic building is ideally located on a quiet tree-lined street with a walking score of 84 (two chain grocery stores within blocks). Units are well cared for and highly desired by students of SMU, Dal and NSCAD as well as hospital, university and downtown workers. Features include high ceilings with crown mouldings and faux fireplaces which serve as focal points in large, bright living rooms. Lots of hardwood or vinyl planked floors throughout and classic checkerboard patterned vinyl floors in most kitchens and bathrooms. Both seasonal and partial harbour views. Coin-operated washer/dryer located in the building. Low maintenance back yard. Tenants pay own utilities except cold water. Consists of (5) one bedrooms. 4 units are not yet capped at 2%. Unit 1 is a garden level walk out and is rented month to month. Tenant pays for all utilities except cold water. Heating bills for tenants are reasonable as it’s a middle row house and sprayfoam was added in 2020 and blown in cellulose insulation in 2021. All 5 hot water tanks are newer.  Electrical upgrade (2012) and new roof (2009) and 4 new exterior doors (2021). ***FOR MORE INFORMATION PLEASE VISIT REALTOR WEBSITE***

Listing Courtesy of: INNOVATIVE REAL ESTATE LTD - A507

Building Specs.

Foundation Type:
Concrete, Stone
Roof Material:
Other
Exterior Finish:
Wood Siding
Flooring Type:
Hardwood, Softwood, Vinyl Plank
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Lot Size:
2,261 Sq ft
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
None

Inclusions

Appliances “as-is / where-is” condition

Exclusions

Tenants Chattels

Rental Equipment

None

Map

Contact Agent


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