5484 Clyde Street (MLS® 202602442)
Summary
- MLS ®:
- 202602442
- Price:
- $2,995,000
- Status:
- Active
- District:
- 2
- Zoning:
- ER-2
- Property Type:
- 5-8 Units
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- $184,476.66
- Approx. Net Income:
- $145,358.55
- Other Income:
- $5,845
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- $39,117.45
- Maintenance Expense:
- $3,819
- Management Expense:
- $5,358.95
- Snow & Garbage Expense:
- $7,232.49
- Water & Sewage Expense:
- $3,754.29
- Insurance Expense:
- $7,216
- Tax Costs:
- $11,183
- Electricity Bill:
- $553.60
- Expense Details:
- Call 902-499-7886
Property Overview
5484 Clyde Street, Halifax (MLS® 202602442): 5484–86 Clyde Street presents an opportunity to acquire an 8-unit apartment building in the heart of Downtown Halifax, with the option to add a rear addition, allowing up to 10 units. The property features a desirable unit mix of six 2-bedroom units and two 1-bedroom units. The building underwent a full down-to-the-studs renovation in 2018, with all units upgraded to include modern kitchens and bathrooms, in-suite ductless electric heat pumps, in-suite washers and dryers, and individual hot water tanks. The comprehensive nature of the renovation positions the asset as a turn-key, low-maintenance investment suitable for a long-term hold. The property benefits from an exceptional downtown location within walking distance of restaurants, shopping, Halifax Central Library, and Park Lane Mall, offering strong tenant appeal and long-term demand.
Listing Courtesy of: Keller Williams Select Realty (Branch) From Spring Garden Road, take a right onto Queen St and then take your first right onto Clyde St. Air Conditioning, Apt Conforming, Balcony, Cable, Intercom, Laundry, Telephone Park, Place of Worship, Public Transit, Shopping None Directions
Building Specs.
Garage & Parking
Features
Community Features
Rental Equipment
Map