1259 Barrington Street (MLS® 202126344)

Halifax, NS, B3J 1Y2

Summary

MLS ®:
 202126344
Price:
 $2,499,000
Status:
 Active
District:
 2
Zoning:
 DH-1
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 137250
Approx. Net Income:
 97023
Laundry Income:
 0
Other Income:
 3600
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 40227
Maintenance Expense:
 1500
Snow & Garbage Expense:
 1100
Water & Sewage Expense:
 1394
Insurance Expense:
 3298
Tax Costs:
 19689
Electricity Bill:
 13246
Expense Details:
Call 902-499-7886

Property Overview

1259 Barrington Street, Halifax (MLS® 202126344): Fantastic opportunity to purchase a centrally located and fully improved multi-faceted mixed use investment property in downtown Halifax on Barrington Street. This offering also includes a development permit to construct an additional 4 units. With DH-1 Zoning a portion of the building can be used by an owner occupied commercial end user who is looking to own their own building with strong supplemental rental income and/or it is equally attractive as a long term investment! Currently configured as 7 RESIDENTIAL units (3 X 2BR and 4 X 1 BR units). Half of the main floor (+/- 1265 sf) was previously used as COMMERCIAL office space, however, due to COVID-19 the entire commercial space was transitioned into residential use. In 2013 this building was professionally rebuilt to a very high standard from the studs (including all new mechanicals, millwork, roof, windows and interior finishes). No detail was overlooked. The end result is a perfect blend of character and quality. Also includes parking for 3 cars in behind the building via a deeded right-of-way. Act now!

Listing Courtesy of: Red Door Realty

Building Specs.

Building Age:
155
Building Dimensions:
87 x 31 - JOGS
Foundation Type:
Stone
Roof Material:
Asphalt Shingle, Other
Exterior Finish:
Brick, Stone
Flooring Type:
Ceramic, Laminate
Heating & Cooling:
Baseboard, Ducted Cooling, Ductless Cooling
Water:
Municipal
Sewage:
Municipal
Lot Size:
4192 Sq Ft
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
none
Parking:
3 parking spaces via ROW
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Air Conditioning, Balcony, Cable, Laundry, Power, See Remarks, Telephone

Community Features

Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship

Inclusions

7 fridges, 7 stoves, 7 washers, 7 dryers, 6 dishwashers, 4 microwave range hoods, 4 mini-splits

Exclusions

tenants belongings.

Rental Equipment

None

Map

Contact Agent


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