5484-86 Clyde Street (MLS® 202505547)

Halifax Peninsula, NS, B3J 1E1

Summary

MLS ®:
 202505547
Price:
 $3,250,000
Status:
 Active
District:
 2
Zoning:
 HCD-SV
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $189,397
Approx. Net Income:
 $150,134
Laundry Income:
 $325
Other Income:
 $5,520
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $39,263
Maintenance Expense:
 $3,819
Management Expense:
 $5,506
Snow & Garbage Expense:
 $7,232
Water & Sewage Expense:
 $3,754
Insurance Expense:
 $7,216
Tax Costs:
 $11,183
Electricity Bill:
 $553
Heating Bill:
 $0
Expense Details:
Call 902-499-7886

Property Overview

5484-86 Clyde Street, Halifax Peninsula (MLS® 202505547): 5484-86 Clyde Street offers an investment opportunity to own an 8 unit apartment project in the heart of Downtown Halifax. Unit mix includes 6 x 2 bedrooms, and 2 x 1 bedrooms. The building was brought down to the studs and completely retrofitted in 2018. All units were renovated with new bathrooms, kitchens, in-suite ductless electric heat pumps, in-suite washers and dryers, and individual water tanks. This is perfect for an investor looking for a long-term hold with minimal upkeep. The property is located in the heart of the South End of Halifax, just south of Spring Garden Road. The location offers many amenities within walking distance including restaurants, shopping, the Halifax Central Library, and the Park Lane mall.

Listing Courtesy of: Keller Williams Select Realty (Branch)

Directions

From Spring Garden Road heading East, turn right on to Birmingham Street, then turn left on to Clyde Street. Property is on your right.

Building Specs.

Building Dimensions:
53 x 42
Foundation Type:
Concrete
Roof Material:
Other
Exterior Finish:
Cementitious Board, Wood Siding
Flooring Type:
Carpet, Hardwood, Laminate, Tile
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
4 marked parking spaces at rear of building.
Driveway/Parking:
Parking Spaces(s), Paved, Shared

Features

Air Conditioning, Apt Conforming, Balcony, Cable, Intercom, Laundry, Telephone

Community Features

Park, Place of Worship, Public Transit, Shopping

Exclusions

Tenant possessions

Rental Equipment

None

Map

Contact Agent


Similar Properties