Description
Opportunity to own a positive, cash flowing, building located in a convenient location in Armdale! Walk to Chocolate Lake for a swim. Bus routes to Bayers Lake & Downtown right at your feet. With $96,000 plus of income, this is a great long term hold. 2, 3, and 4 bedroom units with a garage and lots of parking. NOI $77,058 and a cap rate @ 8.5%. Current lease are $1900 uper 2 bedroom periodic lease, lower 2+den 2700 Fixed expires Aug 30, $3400 main floor 4 bedroom Lower Den does not have a window and does not meet egress.
Listing Details
Address
16 Birches Drive, Halifax, B3N 1J1
16 Birches Drive, Halifax, B3N 1J1
Status
PENDING
PENDING
Listing Price
$899,000
$899,000
MLS®
202511594
202511594
Type
n/a
n/a
Style
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Age
89
89
PID
00208520
00208520
Water
Municipal
Municipal
Sewer
Municipal
Municipal
Utilities
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Building Specifications
Foundation Type
Concrete
Concrete
Roof
Asphalt Shingle
Asphalt Shingle
Exterior Finish
Aluminium Siding,Vinyl
Aluminium Siding,Vinyl
Flooring
Ceramic,Hardwood,Laminate,Vinyl
Ceramic,Hardwood,Laminate,Vinyl
