2405 Agricola Street (MLS® 202403239)

Halifax, NS, B3K 4B8

Summary

MLS ®:
 202403239
Price:
 $5,950,000
Status:
 Active
District:
 1
Zoning:
 COR
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 350864
Approx. Net Income:
 306254
Laundry Income:
 5000
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 44610
Maintenance Expense:
 3500
Management Expense:
 9991
Snow & Garbage Expense:
 1200
Water & Sewage Expense:
 5512
Insurance Expense:
 4942
Tax Costs:
 18265
Electricity Bill:
 1200
Expense Details:
Call 902-499-7886

Property Overview

2405 Agricola Street, Halifax (MLS® 202403239): Prime opportunity to acquire four newly improved and adjacent contiguous character buildings on Agricola Street totaling 12 units (2 commercial spaces & 10 residential units). This package offering includes 2391-2397 featuring 5 units; 2399 Agricola is a detached triplex and the crown jewel is the rebuilt 2401-2405 featuring 3 residential units and 1 commercial space which is home to 'Bravado Wine Bar'. Residential units are all on fixed term leases and commercial are long-term leases. All units have their own front door and there is a shared and enclosed landscaped courtyard. Each unit is unique in character and they have been modernized or rebuilt to a high quality standard. This is a solid long term asset in a highly desirable area of peninsular Halifax!

Listing Courtesy of: Red Door Realty

Directions

Agricola Street (east side) between West & Harris Streets

Building Specs.

Building Dimensions:
(40.9x21.6)-JOG + (49.6x40.6)-JOG + (42x37.2)-JOG
Foundation Type:
Concrete, Other, Stone
Roof Material:
Other
Exterior Finish:
Wood Shingles, Wood Siding
Flooring Type:
Ceramic, Hardwood, Tile, Vinyl
Heating & Cooling:
Baseboard, Heat Pump -Ductless, In Floor, Radiant, Ductless Cooling
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
None

Features

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

Community Features

Park, Public Transit, Shopping

Inclusions

10 fridges, 10 stoves, 10 dishwashers, 10 OTC microwaves, 5 ductless mini-splits, 3 combo W/D, 1 coin-op washer & dryer.

Exclusions

Tenant equipment, inventory and possessions.

Rental Equipment

None

Map

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