6299 Payzant Avenue (MLS® 202204486)

South End, NS, B3H 2B2

Summary

MLS ®:
 202204486
Price:
 $999,900
Status:
 Pending
District:
 2
Zoning:
 ER-2
Property Type:
 Other
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Expense Details:
Call 902-499-7886

Property Overview

6299 Payzant Avenue, South End (MLS® 202204486): Prime south end property, built in the 1960`s, tongue and groove construction. This legally R-2 zoned family home or investment property is just a 3 minute walk to Dalhousie university and Kings college! It also has a pending permit for a secondary suite as a legal triplex with 3 parking spaces and and secondary suite in process for HRM. There will be 2 bedrooms in the main unit, 4 bedrooms in the basement unit and 3 bedrooms in the second floor unit. Perfect for a new owner to occupy 1 unit and have two rental units - The property also has a large backyard for gardening and well landscaped front yard! Incomes covers the mortgage and expenses while also brining in a strong IRR (Internal Rate of Return.) Rents are currently $850 a bedroom plus utilities or $2000 and $2300 a unit plus utilities. All tenants are students and will be moved out and graduated by the end of April! Payzant is also a quiet street in a busy area and great neighbours! Upgrades all new windows (2018. Separation wall built to increase to 5 legal bedrooms. Secondary suite projects will also bring in some more units. Existing shed able to be changed into Greenhouse and fenced backyard for great for pets. Come and see this hidden gem in the South End great for a family home or a investment opportunity!

Listing Courtesy of: RE/MAX NOVA - 15867

Building Specs.

Building Age:
48
Building Dimensions:
50x95
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick
Flooring Type:
Carpet, Engineered Hardwood
Heating & Cooling:
Baseboard, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
3 parking spots in the front
Driveway/Parking:
Concrete, Parking Spaces(s)

Features

Ensuite Bath, Fireplace(s)

Community Features

Park, Playground, Public Transit, Recreation Center

Schools

Elem. School: Lemarchant - St Thomas Elementary School
Elem. School (French Imm.): Lemarchant - St Thomas Elementary School
Mid. School: Halifax Central Junior High School
Mid. School (French Imm.): Gorsebrook Junior High School
High School: Citadel High School
High School (French Imm.): Citadel High School

Inclusions

3 fridges, 3 washers & dryer, 3 stove, 3 dishwashers

Rental Equipment

None

Map

Contact Agent


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