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Al Demings Halifax and Area Homes EXPERT ADVICE ------ EXCEPTIONAL SERVICE.............. Re/Max Nova

Halifax (Nova Scotia, CA - B3K 4V5)
$5,900,000

RE/MAX nova


Al Demings
902 499 4812(Office)
902 499 4812(Cell)
902 484 7022(Fax)


 
Details

Address: 2344 Hunter St
Type: Multifamily
Style:  Over 12 Units
Garage: "Garage: 15 Underground parking spaces, Driveway/Parking: 32 Parking spaces (15 inside)"
Basement: Yes, Walkout "Full, Partially Developed, Walkout"
Lot Size: n/a "15,958 + 6163 SF"
Year Built: 1977
MLS® #: 201909435
 
Description

Substantial investment opportunity on Hunter Street in central Halifax Peninsula. Includes 2 properties with a total of 31 rental units. The mix included 4 x 3 bedroom townhouses (on PID 40682007) plus 12 bachelor, 9 x 1 bedroom, and 9 x 2 bedroom units in second building on PID 40682015. Properties are well maintained and feature 32 parking spaces (15 underground). Upgrades in last 10 years include conversion to natural gas boilers for heating, roofs, balconies and windows. Units are separately metered so tenants pay electricity. Note the age of 2344 Hunter is 42 years and the age of townhouses at 2346 to 2352 Hunter is 24 years. Call for a full package of information. See further details under Docs tab
 
Highlights

Interior Features: Flooring: Ceramic, Laminate, Vinyl Exterior Finish: Brick, Vinyl
Heating: Natural Gas, Baseboard, Hot Water Extra Features: Apt Conforming, Balcony, Cable, Telephone
Community Features: Public Transit, Recreation Center, School Bus Service, Shopping Foundation: Concrete
12 Bachelor, 6 One Bedroom, 9 Two Bedroom, 4 Three Bedroom, 31 Occupied Rental Income: 425221, Laundry Income: 620, Other Income: 12429, Approximate Total Income: 438270, Insurance Expense: 7445, Maintenance Expense: 25600, Water and Sewage Expense: 13384, Heating Bill: 24785, Electricity Bill: 6093, Management Expense: 17286, Other Costs: 6117 & 14800, Taxes Costs: 46449, Approximate Total Expenses: 162569, Approximate Net Income: 275701
Appliances: 31 Stoves, 31 Fridges, 19 Dishwashers, 7 Washers, 7 Dryers Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal

Brokered and Advertised by:
   RE/MAX Nova
 
P2#1300290042

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