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1548 Walnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202105397

1548 Walnut Street Halifax B3H 3S2 : 2-Halifax South

Welcome to Walnut!
$1,300,000
Prop. Type:
Multi-Family
MLS® Num:
202105397
Status:
Pending
Year Built:
1916
Investors take notice! Great opportunity to purchase a profitable, investment property in a prime location. Located in the sought after South End of Halifax's Peninsula and seconds to Dalhousie University and King's College - this legal duplex has been well cared for. With zero past vacancies during the current ownership and full occupancy until April 30, 2022 you will start making money instantly! 2020 net income of $63,624.10 with a cap rate of 4.8%. Please contact today for more detailed information and to book a private showing. Don't miss out on this fantastic opportunity!
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
31 x 27 (-Jog)
Lot Details:
3834 sq ft
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1916 (Age: 105)
Age:
105
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Full, Fully Developed
Floor Finish:
Hardwood, Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Hot Water, In Floor, Radiator
Fuel:
Oil
Parking:
Yes
Parking Description:
4 cars - two of the spots are included in the leases the other two may be rented out to tenants or outside 3rd parties for additional income.
Driveway:
Double, Gravel
Water Supply:
Municipal
Water And Sewage:
1,627.43
Sewer:
Municipal
Num Units:
2
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 83,800.00
Approx. Net Income:
63,624.10
Insurance Expense:
4,864.00
Taxes Costs:
8,339.71
Heating Bill:
2,837.92
Electricity Bill:
2,506.43
Approx. Total Expense:
20,175.49
Approx. Total Income:
83,800.00
2 fridges, 2 stoves, 2 dishwashers, 2 washers, 2 dryers
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Stove, Dishwasher, Dryer, Washer, Refrigerator
None
Shed
No
Zoning:
R2
Elementary School:
Lemarchant-St. Thomas Elementary
Middle School:
Halifax Central Junior High Scho
High School:
Citadel High School
Possession Info:
Neg
Listed Date:
Mar 19, 2021
Days on Mkt:
29
Data was last updated April 17, 2021 at 01:20 AM (UTC)