498 St Margaret's Bay Road (MLS® 202408239)

Halifax, NS, B3N 1K4

Summary

MLS ®:
 202408239
Price:
 $1,595,000
Status:
 Active
District:
 8
Zoning:
 R-1
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 84792
Approx. Net Income:
 62664
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 22127
Expense Details:
Call 902-499-7886

Property Overview

498 St Margaret's Bay Road, Halifax (MLS® 202408239): Rare opportunity to purchase a purpose built 6 unit apartment building minutes from the city core on a 12,000 sq. ft. + lot. The building has been extensively renovated and maintained and still offers an uptick on the rents. Each unit has 2 entrances, and use of a large rear yard. 1 Parking space for each unit, but can easily accommodate 2 cars end to end. Large lot for future development potential. Check the documents section for a list of the renovations and more information.

Listing Courtesy of: Harbourside Realty Ltd.

Directions

Just up from the Armdale round-a-bout past chocolate lake.

Building Specs.

Building Age:
72
Building Dimensions:
28 x 57
Foundation Type:
Concrete
Roof Material:
Rolled
Exterior Finish:
Vinyl
Flooring Type:
Ceramic, Hardwood, Vinyl
Heating & Cooling:
Baseboard, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
There is ample parking and the parking lot was completely re paved in 2020
Driveway/Parking:
Paved

Schools

Elem. School: Springvale Elementary School
Elem. School (French Imm.): St Catherine's Elementary School
Mid. School: St Agnes Junior High School
Mid. School (French Imm.): Oxford School
High School: Citadel High School
High School (French Imm.): Citadel High School

Rental Equipment

None

Map

Contact Agent


Similar Properties