88 Adelaide Avenue (MLS® 202318788)

Halifax, NS, B3N 2N8

Summary

MLS ®:
 202318788
Price:
 $849,000
Status:
 Pending
District:
 6
Zoning:
 R-2
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 63658.00
Approx. Net Income:
 51343.80
Laundry Income:
 n/a
Other Income:
 n/a
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 12315.00
Maintenance Expense:
 1200.00
Snow & Garbage Expense:
 1000
Water & Sewage Expense:
 1600.00
Insurance Expense:
 1800.00
Tax Costs:
 3900.00
Electricity Bill:
 2000.00
Other Costs:
 815.00 (lawn)
Expense Details:
Call 902-499-7886

Property Overview

88 Adelaide Avenue, Halifax (MLS® 202318788): Renovated Triplex in central Fairview, Each unit has undergone renovations with modern upgrades to kitchens, bathrooms, flooring, trim, fixtures, and more.. Each unit features 3 bedrooms, a full 4-piece bath, 4 stainless steel kitchen appliances, laundry and off street parking. Individual metered electric baseboard heating for each unit, ensuring that tenants have control over their energy consumption and expenses. A promising owner-occupier opportunity, or an excellent long term rental property with fixed term lease agreements. The lower unit will be available October 1, 2023. The current rental rates for these units are $1995, $1626, $1683. Whether you're an astute investor seeking a turnkey multi-unit property with a solid rental history near the peninsula, or a homeowner looking for an exceptional residence that provides supplementary income, this asset offer’s a fair amount of future upside. Located in a great area, with access to major amenities and bus routes, minutes to downtown Halifax.

Listing Courtesy of: Domus Realty Limited

Directions

From Main Street turn onto Willett St, turn left onto Adelaide Ave.

Building Specs.

Building Age:
1960
Building Dimensions:
39 x 30
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick, Wood Siding
Flooring Type:
Ceramic, Laminate
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
N/A
Parking:
Paved Parking Spaces
Driveway/Parking:
Parking Spaces(s), Paved

Community Features

Playground, Public Transit, School Bus Service

Schools

Elem. School: Fairview Heights Elementary School
Elem. School (French Imm.): Burton Ettinger Elementary School
Mid. School: Fairview Junior High School
Mid. School (French Imm.): Fairview Junior High School
High School: Halifax West High School
High School (French Imm.): Halifax West High School

Inclusions

3 fridges, 3 Stoves, 3 microwave hood ranges, 3 washers, 3 dryers

Exclusions

Tenants' belongings

Rental Equipment

None

Map

Contact Agent


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