273 St. Margarets Bay Road (MLS® 202121947)

Halifax, NS, B3H 2R5

Summary

MLS ®:
 202121947
Price:
 $1,199,000
Status:
 Active
District:
 8
Zoning:
 R2P
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Water & Sewage Expense:
 1500
Insurance Expense:
 2502
Tax Costs:
 5600
Electricity Bill:
 tenants
Heating Bill:
 3000
Expense Details:
Call 902-499-7886

Property Overview

273 St. Margarets Bay Road, Halifax (MLS® 202121947): Excellent income opportunity with the recently updated 4 plex. The front portion of this property was gutted and new wiring, plumbing, kitchen and some windows replaced in 2014. This part of the property features a 1 bdrm for $850/mo (600 sq ft) and a 3 bdrm for $1150/mo (1300 sq ft). The back section was an ICF build around 2014 and feature 2 x 2 bedrooms $1020/mo (1000 sq ft). All units have fridge, stove, washer & dryer, 3 with dishwashers and 2 with microwave range hoods. This property is very energy efficient as well as high degree of sound proofing given the double layer of 5/8 drywall and 12 inches of cellulose insulation. Great location, great tenants, great investment!

Listing Courtesy of: Royal LePage Atlantic

Building Specs.

Building Age:
63
Building Dimensions:
20X30 + 24X50
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl, Wood Siding
Flooring Type:
Ceramic, Concrete, Hardwood
Heating & Cooling:
Hot Water, In Floor, Radiant, Radiator
Water:
Municipal
Sewage:
Municipal
Lot Size:
651.8 sq m
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Parking spots
Driveway/Parking:
Paved

Features

Balcony

Schools

Elem. School: Spring Street Academy
Elem. School (French Imm.): St. Catherine's (Early)
Mid. School: St. Agnes Junior High School
Mid. School (French Imm.): Oxford School
High School: Citadel High School
High School (French Imm.): Citadel High School

Rental Equipment

None

Map

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