Heat Pump
$1,925,000
Opportunity knocks a large 9450 square foot lot with a very well cared for landscaped legal fully rented triplex with ten bedrooms and a double garage and parking for 5 vehicles. The property is located in ER3 low rise high-density zone of Oxford Street in the HRM center plan. The current use is a triplex however within the existing building you can have up to six units and also up to 16 bedrooms as of right. The home itself is located just off the Dalhousie campus in Halifax South End. Currently there is a large unfinished basement to add additional units. This well-maintained family-owned property is in great shape and has undergone many updates over the years. Including updates to the roof, heat pumps, siding, kitchens, front entry door. The condition of the home lends to the possibility of being owner occupied with income and the potential to add more units. A great long-term investment with historic lows in rental vacancy and increasing demand for multi unit housing. This would be a great addition to any portfolio of rental properties. Current Rents are Term leases $2400 heat not included $4600 and $3885 heat included. Allleases are term expiring in 2025 April 30. (id:40687)
Property Details
MLS® Number
|
202414150 |
Property Type
|
Multi-family |
Community Name
|
Halifax |
Features
|
Balcony |
Building
Amenities
|
Fireplace(s) |
Basement Development
|
Unfinished |
Basement Type
|
Full (unfinished) |
Constructed Date
|
1928 |
Cooling Type
|
Heat Pump |
Exterior Finish
|
Vinyl |
Flooring Type
|
Ceramic Tile, Hardwood, Laminate, Vinyl |
Foundation Type
|
Concrete Perimeter |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Irregular
|
0.2169 |
Size Total
|
0.2169 Ac |
Size Total Text
|
0.2169 Ac |
Utilities
https://www.realtor.ca/real-estate/27056888/1657-1659-1659a-oxford-street-halifax-halifax