5571 North Street (MLS® 202503730)
Summary
- MLS ®:
- 202503730
- Price:
- $1,199,000
- Status:
- Active
- District:
- 1
- Zoning:
- ER_2
- Property Type:
- Fourplex
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- 86046
- Approx. Net Income:
- 73998.92
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- 12047.08
- Water & Sewage Expense:
- 1765
- Insurance Expense:
- 3682
- Tax Costs:
- 6600.08
- Expense Details:
- Call 902-499-7886
Property Overview
5571 North Street, Halifax (MLS® 202503730): Exceptional investment opportunity awaits at 5571 North Street. This well-maintained multi-unit is priced below recently appraised value, featuring four spacious two-bedroom units, each with in-suite laundry, fully occupied, all on fixed-term leases, ensuring reliable and consistent rental income. Recent upgrades (since 2019) include modernized kitchens with updated appliances, new flooring, wiring, drywall, and paint, along with four brand-new bathrooms, new washers, dryers, and water tanks for each unit, plus updated windows to improve energy efficiency, and the roof (2024). Situated in a high-demand location, this property is a prime addition to any investment portfolio, offering both immediate returns and long-term growth potential. Zoned ER-2, it also provides the opportunity to expand by adding one or two additional units in the basement. Don’t miss out on this turn-key investment!
Listing Courtesy of: Royal LePage Atlantic Robie St to North St Place of Worship, Public Transit, Shopping Tenants belongings None Directions
Building Specs.
Garage & Parking
Community Features
Schools
Exclusions
Rental Equipment
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