6033 South Street (MLS® 202215399)

Halifax, NS, B3H 1S8

Summary

MLS ®:
 202215399
Price:
 $3,448,800
Status:
 Active
District:
 2
Zoning:
 RE-3
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $ 256,296
Approx. Net Income:
 $ 192,690
Laundry Income:
 $ 6,000
Other Income:
 $ 1,920
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $ 63,606
Maintenance Expense:
 $ 2,000
Management Expense:
 NA
Snow & Garbage Expense:
 $ 6,000 (Cleaning)
Water & Sewage Expense:
 $ 3,813
Insurance Expense:
 $ 13,187
Tax Costs:
 $ 21,219
Electricity Bill:
 $ 6,460
Heating Bill:
 $ 7,568
Other Costs:
 $ 3,359 (Internet Cost)
Expense Details:
Call 902-499-7886

Property Overview

6033 South Street, Halifax (MLS® 202215399): Fantastic opportunity to add this updated 31 Bedroom, Licensed Rooming house to your portfolio! This great income generator is ideally located in the heart of the South End of Halifax, just steps to Dalhousie campus and walking distance to Saint Mary's University and other amenities. This building features 2 communal kitchens w/granite countertops, 8 bathrooms, laundry (coin-op) facilities, and each room comes furnished with: a bed; nightstand; desk + chair; and mini fridge. You will be impressed by the efficient natural gas boiler (4yrs old) which provides ample heat and hot water throughout the building. Other recent updates include new vinyl siding (this year), New shingles(2 yrs old), remote monitoring system, internet access points, and more! If you are looking for cashflow / solid financials, a perfect location, turnkey, and lots of upside - this is the one.

Listing Courtesy of: Coldwell Banker Supercity Realty

Directions

South Street, Between Edward Street and Robie Street

Building Specs.

Building Dimensions:
61 x 28.6 + Jogs
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Ceramic, Laminate
Heating & Cooling:
Baseboard, Hot Water, Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
3 Parking spots rented
Driveway/Parking:
Parking Spaces(s), Paved

Features

Laundry, Security Building, See Remarks

Community Features

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

Schools

Elem. School: Inglis Street Elementary School
Mid. School: Gorsebrook Junior High School
High School: Citadel High School

Inclusions

31 x mini-fridge, 31 x beds/mattresses, 31 x chairs, 31 x desks, 31 nightstands, 2x coin operated washer & dryer

Exclusions

Tenant belongings

Rental Equipment

None

Map

Contact Agent


Similar Properties