457 Herring Cove Road (MLS® 202127328)

Halifax, NS, B3R 1W5

Summary

MLS ®:
 202127328
Price:
 $549,900
Status:
 Pending
District:
 7
Zoning:
 R4
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 $4400/month
Approx. Net Income:
 $3700/month
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $700.89/month
Water & Sewage Expense:
 $98.69/month
Insurance Expense:
 $75.20/month
Tax Costs:
 $180/month
Heating Bill:
 $347/month
Expense Details:
Call 902-499-7886

Property Overview

457 Herring Cove Road, Halifax (MLS® 202127328): Welcome to 457 Herring cove road! If you have been looking for a cash-flow positive income property with THREE UPDATED UNITS, R4 zoning, close to amenities and schools, on a major road with a transit bus stop out front, and a double detached garage for additional storage or income space, then this is the perfect property for you. The current owner has completed ample updates over the past few years, giving each unit an updated and modern look. There is parking for 3+ cars behind the house, and still, a small green space to hang out or entertain. The double detached, wired, and heated garage used to be set up as an additional hang-out space, but was recently converted back to storage space. The possibilities are endless with this property, and there will never be a shortage of interested tenants with this great location. Currently, the property brings in $4400/month in rent between the 3 units. The current owner pays for the heat & lights for units A & C as they share a meter ($347/month equalized billing). With R4 zoning, you could hold this property for potential redevelopment in the future. Whatever your investment goals are, this property will not disappoint. Make sure to book your private viewing today!

Listing Courtesy of: Exit Realty Metro

Building Specs.

Building Age:
63
Building Dimensions:
40.4 X 27.10
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Lot Size:
9583.0 Square Feet
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Detached Double - 22 X 27; Heated & wired
Parking:
3+ cars
Driveway/Parking:
Brick

Features

Balcony, Cable, Laundry, Secondary Suite, Storage, Wood Stove(s)

Community Features

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

Schools

Elem. School: Elizabeth Sutherland School
High School: JL Ilsley High School

Inclusions

3 fridges, 3 stoves, 3 dishwashers, 2 washers, 2 dryers, woodstove in garage.

Exclusions

tenant belongings

Rental Equipment

None

Map

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