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5273-5275 Tobin Street
2-Halifax South Halifax B3H 1S3

$1,200,000
Multi-Family built: 1890

Main Photo: 5273-5275 Tobin Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202000676
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202000676
Year Built:
1890
Great downtown Halifax investment property with all units fully rented. The property consists of two buildings - 5273 and 5275. 5273 has 4 units and 5275 has 2 units. One unit for 5275 is occupied and 5275 basement unit unfinish but is legal unit. Upper unit in 5275 has a fridge, stove, dishwasher, washer and dryer in the unit. A laundry room is located in 5273 with a coin operated laundry set that is used for all other units in the building. Heating is a 3 year old natural gas system that heats 5273 and the basement of 5275 which is one apartment. The upper floor of 5275 is electric heat and it is paid by the tenant.
South St. to Queen St. to Tobin, or Barrington St. to Tobin
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
36x37
Lot Details:
4165 sq ft
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
5
Year built:
1890 (Age: 130)
Age:
130
Exterior Finish:
Wood Shingles, Wood Siding
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Hardwood, Linoleum, Tile
Roof:
Asphalt Shingle
Heating:
Hot Water
Fuel:
Electric, Natural Gas
Parking:
Yes
Parking Description:
Multiple, Paved
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
2554.79
Sewer:
Municipal
Num Units:
6
Num 1 Bed Units:
2
Num 2 Bed Units:
3
# Of Dishwashers:
3
# Of Dryers:
1
# Of Fridges:
5
# Of Stoves:
5
# Of Washers:
1
Rental Income:
Yes, 69600
Approx. Net Income:
31107.21
Insurance Expense:
5469.24
Taxes Costs:
12321.19
Other Costs:
8788.72
Maintenace:
3849.92
Management expense:
2415
Electricity Bill:
848.93
Approx. Total Expense:
38492.79
Approx. Total Income:
69600
Balcony, Cable, Fireplace(s)
None
No
Zoning:
R2
Elementary School:
St. Mary'S Education Centre/ Aca
Middle School:
Gorsebrook Junior High School
High School:
Citadel High School
Possession Info:
Negotiable
Listed Date:
Jan 13, 2020
Days on Mkt:
16
  • Photo 1: 5273-5275 Tobin Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202000676
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Data was last updated January 29, 2020 at 05:20 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$499,900
Min list price:
$140,000
Max list price:
$2,999,900
Avg days on market:
85
Min days on market:
2
Max days on market:
840
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.