6464 Summit Street (MLS® 202206295)

Halifax, NS, B3L 1S1

Summary

MLS ®:
 202206295
Price:
 $1,399,900
Status:
 Active
District:
 4
Zoning:
 ER-2
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $67,800.00
Approx. Net Income:
 $48,969.00
Laundry Income:
 $600.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $18,831.00
Snow & Garbage Expense:
 Garbage: $1,560.00/year
Water & Sewage Expense:
 $2,640.00/year
Insurance Expense:
 $2,489.00
Tax Costs:
 $7,188
Electricity Bill:
 $332.64/year
Heating Bill:
 4,176.57
Other Costs:
 Pest Control: $443.52 annually
Expense Details:
Call 902-499-7886

Property Overview

6464 Summit Street, Halifax (MLS® 202206295): Excellent Investment Opportunity in West End Halifax! Featuring 5 units (4 one bedroom units and 1 Three bedroom unit). Potential to renovate to increase all one bedroom units to 2 bedrooms. All tenants on fixed-term leases, with staggering expiries, the last unit to be vacated by end of July 2022. Includes 5 parking spaces, and common-area coin-operated laundry. 5 minutes to Dalhousie University, and major amenities like groceries and restaurants and around the corner from major bus routes.

Listing Courtesy of: Better Homes and Gardens Real Estate Atlantic

Building Specs.

Building Age:
75
Building Dimensions:
36'8" X 37'
Foundation Type:
Concrete
Roof Material:
Rolled
Exterior Finish:
Wood Shingles
Flooring Type:
Hardwood, Linoleum
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Paved Spaces. Long-term lease of 4 space at 6449 Summit
Driveway/Parking:
Parking Spaces(s)

Features

Laundry

Community Features

Park, Playground, Public Transit, Shopping

Schools

Elem. School: Oxford School
Elem. School (French Imm.): St Catherine's Elementary School
Mid. School: Oxford School
Mid. School (French Imm.): Oxford School
High School: Citadel High School
High School (French Imm.): Citadel High School

Inclusions

5 Refrigerators, 5 Stoves, 1 Washer, 1 Dryer

Exclusions

Tenant Belongings

Rental Equipment

None

Map

Contact Agent


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