2055,2059,2061 North Park Street (MLS® 202600698)

Halifax, NS, B3K 4B2

Summary

MLS ®:
 202600698
Price:
 $2,350,000
Status:
 Active
District:
 1
Zoning:
 ER-1
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 191121
Approx. Net Income:
 136308.55
Laundry Income:
 4800
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 54812.45
Maintenance Expense:
 4489.59
Water & Sewage Expense:
 4356.82
Insurance Expense:
 10886
Tax Costs:
 15868.71
Electricity Bill:
 1742.33
Heating Bill:
 17469
Expense Details:
Call 902-499-7886

Property Overview

2055,2059,2061 North Park Street, Halifax (MLS® 202600698): Here is a fantastic investment property on North Park Street, overlooking the Halifax Commons. A turn key investment opportunity on the iconic North Park Street, Halifax’s historic corridor. This 10-unit property sits with striking views over the Halifax Commons and blends old-world charm with modern upgrades. Over the past eight years, significant structural work has been completed to this 125 year old building: leaning sections of the foundation were removed and rebuilt using original-style stone where possible and poured concrete where needed, with the building jacked to level floors throughout. Nine of the units that needed renovations were refreshed with new flooring, bathrooms, and kitchens, delivering an attractive, updated living experience. The property benefits from multiple units with private decks, and the third-floor unit at 2061 features a large rooftop patio overlooking the Commons. This combination of historic character, recent improvements, and a highly desirable location supports a strong income stream and ease of renting.

Listing Courtesy of: Keller Williams Select Realty

Directions

102 to Bayers Road to Robie Street to Cunard Street to North Park Street

Building Specs.

Building Age:
125
Building Dimensions:
60 x 47 x 49 x 14.8 x 11 x 61.8 -jog
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle, Rolled
Exterior Finish:
Wood Shingles
Flooring Type:
Hardwood, Laminate, Tile
Heating & Cooling:
Baseboard, Furnace, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Street Parking Only
Driveway/Parking:
Gravel, Single

Features

Balcony, Laundry

Community Features

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

Inclusions

10 fridges, 10 ranges, 6 dishwashers, 1 coin-operated washer. Please see remarks regarding other as-is appliances.

Rental Equipment

None

Map

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