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DESCRIPTION

Investors take notice! Great opportunity to purchase an extremely profitable investment property! Located in the sought after South End of Halifax's peninsula and just minutes to Dalhousie University and King's College. With zero past vacancies during the current ownership and full occupancy until May 2022 (unit B) and September 2022 for units A and C, you will start making money instantly! Major updates to the property include: Roof shingles, windows, electrical, plumbing, all kitchens, most bathrooms, front veranda and many more. 2020 net income $86,984 with a cap rate of 6.2%. Please contact today for more detailed information and to book a private showing. Don't miss out on this fantastic opportunity!

KEY DETAILS
  • Price:
  • $1,400,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • n/a
  • Year Built:
  • 1929
  • Listing #:
  • 202103125
  • Street Address:
  • 6287-6289 Jennings Street
  • City:
  • Halifax
  • State:
  • NS
  • Postal Code:
  • B2W 0E8
  • County:
  • Halifax
  • Area:
  • Halifax-Dartmouth
  • Listing Status:
  • For Sale - Active

Building

  • Age Of Dwelling:
  • 92
  • Basement Description:
  • Fully Developed
  • Features:
  • Balcony, Cable, Power, Storage, Telephone
  • Flooring:
  • Ceramic, Hardwood, Laminate, Marble
  • Foundation:
  • Concrete
  • Number Of Units:
  • 3
  • Siding:
  • Vinyl
  • Type Of Roof:
  • Asphalt Shingle
  • Year Built Description:
  • 1929

Business

  • Annual Insurance Expenses:
  • 5681.00

Land

  • Conforms To Zoning:
  • R2
  • Lot Size:
  • 3135 Sq Ft
  • Road Type:
  • Public

Listing

  • For Sale Or Lease?:
  • For Sale
  • Previous Listing Price:
  • 1400000

Structures

  • Driveway:
  • Paved
  • Parking Description:
  • Paved, 9.4 Wide At The Sidewalk Narrowing To 7.26 At Back 95' Long

Systems

  • Existing Water:
  • Municipal

Source

  • Listing Provided By: Anne Da Silva of Keller Williams Select Realty

    NOVASCOTIA
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