2391 Agricola Street (MLS® 202128715)

Halifax, NS, B3K 4B8

Summary

MLS ®:
 202128715
Price:
 $2,975,000
Status:
 Active
District:
 1
Zoning:
 COR
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 185037 (Est)
Approx. Net Income:
 144512 (Est)
Laundry Income:
 3600
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 40525 (Est)
Maintenance Expense:
 3500
Water & Sewage Expense:
 3000
Insurance Expense:
 5625
Tax Costs:
 25000
Electricity Bill:
 3400
Expense Details:
Call 902-499-7886

Property Overview

2391 Agricola Street, Halifax (MLS® 202128715): Prime opportunity to acquire two newly improved and adjacent buildings on Agricola Street totalling 8 units (1 commercial space & 7 residential units). The buildings share an enclosed and landscaped courtyard and laundry. Each unit has its own front door! 2399 Agricola Street is a triplex consisting of stacked units. (2 X 1 BR units and 1 X 2BR unit). 2391-2397 Agricola features five units. One storefront commercial space (fresh 5 year lease); a townhouse 3BR unit, one 1 BR + Den, a studio and a lower level 2 bedroom unit. Each unit is unique in character and they feature new kitchens, appliances and interior fixtures/finishes. Now that the work is complete the building is being leased and the seller will commit to deliver a fully occupied building on closing should the buyer desire! With very strong projected financials this is a solid long term asset in a highly desirable area of our thriving city. Assignable current Phase I ESA on file.

Listing Courtesy of: Red Door Realty

Building Specs.

Building Dimensions:
(40.9 x 21.6 - JOG) + (49.6 x 40.6 - JOG)
Foundation Type:
Concrete, Other, Stone
Roof Material:
Other
Exterior Finish:
Wood Shingles
Flooring Type:
Concrete, Hardwood, Tile, Vinyl
Heating & Cooling:
Baseboard, Heat Pump -Ductless, In Floor, Radiant
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
N/A
Driveway/Parking:
None

Features

Apt Conforming, Balcony, Cable, Heat/Air Exchange, Laundry, See Remarks, Telephone

Community Features

Park, Public Transit, Shopping

Inclusions

7 fridges, 7 stoves, 7 dishwashers, 7 OTC microwaves, 1 ductless mini-split and 1 coin-op washer and dryer.

Exclusions

Tenants inventory and possessions

Rental Equipment

None

Map

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