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273 St. Margarets Bay Road in Halifax: 8-Armdale/Purcell`s Cove/Herring Cove Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202113400

273 St. Margarets Bay Road Halifax B3H 2R5 : 8-Armdale/Purcell`s Cove/Herring Cove

Main Photo: 273 St. Margarets Bay Road in Halifax: 8-Armdale/Purcell`s Cove/Herring Cove Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202113400
$1,250,000
Prop. Type:
Multi-Family
MLS® Num:
202113400
Status:
Active
Year Built:
1958
Opportunity knocks in a GREAT LOCATION, only minutes to downtown Halifax and just up from the Armdale Round About. All tenants have their own washers, dryers, stove, fridge and all but the lower one bedroom have dishwashers. Back two units have Microwave range hoods and HRV units. New addition 2014 24’ x 50’ This is an addition that was built in 2014 out of ICF and wood 24’ x 50’ Both units have electric in floor heat paid for by tenant which have time of use from NS power allowing them to access 1/2 price electricity on off peak hours Both floors are concrete polish and the upper floor is spray foamed underneath to prevent that tenants heat from radiating down to the lower unit in addition to the concrete floors there is R12 Rockwool between floors for soundproofing. As such there is no transfer of noise between units. Upper walls are double 2x4 to provide R35 walls for high heat retention.
Listing Sub-Area:
8-Armdale/Purcell`s Cove/Herring Cove
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
20ft x 30ft + 24ft x 50ft
Lot Details:
7,015.91 Sq.Ft
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1958 (Age: 63)
Age:
63
Exterior Finish:
Vinyl, Wood Siding
Foundation:
Concrete
Basement:
None
Floor Finish:
Ceramic, Concrete, Hardwood
Roof:
Asphalt Shingle
Heating:
Hot Water, In Floor, Radiant, Radiator
Fuel:
Electric
Parking:
Yes
Parking Description:
4
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
$1,500.00
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
1
Num 2 Bed Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
3
# Of Dryers:
4
# Of Fridges:
4
# Of Microwaves:
2
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Yes, $46,200.00
Insurance Expense:
$2,502.00
Taxes Costs:
$5,600.00
Heating Bill:
$3,000.00
Approx. Total Income:
$46,200.00
Balcony
Dishwasher, Dryer, Washer, Washer/Dryer Combo, Microwave, Refrigerator, Water Meter
None
Deck, Patio
No
Assessment:
489600.0
Assessment Year:
2021
Zoning:
R2P
Elementary School:
Springvale Elementary School
Middle School:
St. Agnes Junior High School
High School:
Citadel High School
Possession Info:
Neg
Listed Date:
May 29, 2021
Days on Mkt:
25
Data was last updated June 23, 2021 at 06:30 AM (UTC)