11 Melwood Avenue (MLS® 202407075)

Halifax, NS, B3N 1E4

Summary

MLS ®:
 202407075
Price:
 $1,299,000
Status:
 Active
District:
 8
Zoning:
 R-2 - RESIDENTIAL MEDIUM DENISTY
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 77,031.00
Approx. Net Income:
 49,721.84
Laundry Income:
 3600.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 27,309.16
Maintenance Expense:
 6755.87
Water & Sewage Expense:
 2328.64
Insurance Expense:
 2734.00
Tax Costs:
 5748.03
Electricity Bill:
 1209.14
Heating Bill:
 8533.48
Expense Details:
Call 902-499-7886

Property Overview

11 Melwood Avenue, Halifax (MLS® 202407075): Take note investors, here is a great revenue stream that is extremely easy to rent. This property borders on Chocolate Lake Park & Beach. With easy access through the backyard to the park, beach, playground and basketball courts you can see why this is such a desirable location. The property consists of three 3-bedroom apartments and one bachelor loft apartment. Renovations have been completed on the 3-bedroom apartments within the last few years. The top floor bachelor apartment had a rear deck added with a great view of Chocolate Lake. There is also a coin operated laundry room on site.

Listing Courtesy of: Keller Williams Select Realty

Directions

Herring Cove Road to Melwood Avenue.

Building Specs.

Building Dimensions:
41.5 x 33.6 +jog
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Tile
Heating & Cooling:
Baseboard, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Paved parking area.
Driveway/Parking:
Parking Spaces(s), Paved

Community Features

Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Marina, Place of Worship

Schools

Elem. School: Springvale Elementary School
Elem. School (French Imm.): St Catherine's Elementary School
Mid. School: St Agnes Junior High School
Mid. School (French Imm.): Oxford School
High School: Citadel High School
High School (French Imm.): Citadel High School

Inclusions

4 stoves, 4 fridges, 3 dishwashers, coin operated washer, coin operated dryer.

Exclusions

Tenants' belongings

Rental Equipment

None

Map

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