229 Spencer Avenue (MLS® 202308563)

Halifax, NS, B3R 1S8

Summary

MLS ®:
 202308563
Price:
 $950,000
Status:
 Active
District:
 7
Zoning:
 R-2P
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 41740
Approx. Net Income:
 21,728
Laundry Income:
 2500
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 20012
Water & Sewage Expense:
 3468
Insurance Expense:
 3024
Tax Costs:
 3695
Electricity Bill:
 645
Heating Bill:
 9180
Expense Details:
Call 902-499-7886

Property Overview

229 Spencer Avenue, Halifax (MLS® 202308563): Fantastic opportunity to own a multi unit only 10 minutes from the downtown Halifax core. This 6 unit, 5 1-bed 1 bachelor is the perfect property for the first time investor or for those who are looking to add to their portfolio. The building sits on a 10600 sq ft lot with ample parking. New front and back patio/decks as well as newer roof make it the perfect project with opportunity to bring rents up to market rates. Situated just a stones throw away from Long Lake and many other parks, shopping complexes, public transport, community centres and schools. Coin operated laundry provides additional income source. Schedule a showing to see the endless opportunities 229 Spencer has to offer!

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

End of Dunbrack St southbound, turn right onto Old Sambro Road, left on Schnare St, right on to Spencer Ave. Property is 50 Meters down

Building Specs.

Building Dimensions:
9.2m x 21m
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Ceramic, Hardwood, Laminate, Vinyl
Heating & Cooling:
Baseboard, Furnace, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Large parking lot in back
Driveway/Parking:
Multiple Driveways, Parking Spaces(s), Paved

Features

Cable, Laundry

Community Features

Golf Course, Park, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship

Schools

Elem. School: Central Spryfield Elementary School
Elem. School (French Imm.): John W Macleod-Fleming Tower Elementary School
Mid. School: Rockingstone Heights School
Mid. School (French Imm.): Elizabeth Sutherland School
High School: JL Ilsley High School
High School (French Imm.): JL Ilsley High School

Rental Equipment

None

Map

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