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2103 Windsor Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202127956

2103 Windsor Street Halifax B3K 5B3 : 4-Halifax West

Front of Building
$2,200,000
Prop. Type:
Multi-Family
MLS® Num:
202127956
Status:
Pending
Year Built:
1972
Welcome to 2103 Windsor Street! A beautiful modern eight unit apartment building ready for new owners. Opportunities like these rarely come around. This property is located in the bustling downtown area with much to do nearby. You don't want to miss out on the chance to own a multi-unit like this one. Clean, bright, and warm, this building is complete with vinyl windows, beautiful hardwood flooring, and has been fully retrofitted just eight years ago. All units come with six appliances (microwave, stove & oven, refrigerator, washer & dryer, and dishwasher) and each have a ductless heat pump. Out of the eight apartments, seven are one bedroom, while one is a bachelor unit. The building has six paved parking spots in the back of the unit for tenants to park their vehicles and no lawn maintenance is required. All tenants pay for their utilities. This is an amazing opportunity for anyone looking. So much to do nearby, this building is extremely centralized with walking distance to many activities such as Halifax Commons and Quinpool Road, where you can find a bite to eat at many local restaurants. It is nearby the Hospitals, Ample places of worship, activities such as bars and restaurants, private and public education and near many of the universities in Halifax. Move quick, this one won't last long.
Listing Sub-Area:
4-Halifax West
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
4771 sq ft
Lot Details:
4771 sq feet
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
8
Year built:
1972 (Age: 49)
Age:
49
Exterior Finish:
Aluminium Siding, Brick, Vinyl
Foundation:
Concrete
Basement:
Full, Partially Developed, Walkout
Floor Finish:
Ceramic, Hardwood, Porcelain
Roof:
Other
Heating:
Baseboard, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
There are six parking spots along the back of the building that tenants park in. When visiting the property for viewings, please park along the street, as the spots are occupied.
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
$2,992.98 (2020)
Sewer:
Municipal
Num Units:
8
Num Bachelor Units:
1
Num 1 Bed Units:
7
# Of Dishwashers:
8
# Of Dryers:
8
# Of Fridges:
8
# Of Microwaves:
8
# Of Stoves:
8
# Of Washers:
8
Rental Income:
Yes, $133,800/y (Current Rents)
Approx. Net Income:
$94,240
Insurance Expense:
$6,347.00 (2020)
Taxes Costs:
$21,835.82 (2020)
Other Costs:
$1,150.00 (2020) Snow & Lawn
Management expense:
$667.04 (2020) Security
Snow / Garbage Collection:
$2,894.68 (2020) Garbage
Electricity Bill:
TBD for 2021 (possibly $2,400)
Approx. Total Expense:
$39,559
Approx. Total Income:
$133,800y
Air Conditioning, Cable, Intercom, Laundry, Security Building
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Range, Dishwasher, Dryer, Washer, Refrigerator
None
No
Zoning:
R2
Possession Info:
Negotiable
Listed Date:
Nov 12, 2021
Days on Mkt:
25
Data was last updated December 7, 2021 at 05:20 PM (UTC)