MLS® 202301804
List Price$1,300,000
PID00131714
TypeFourplex
Age 66
Lot Size
List Date Feb. 6, 2023 (54 Days)

Overview

3121 Agricola Street, Halifax, NS (MLS® 202301804): This is a golden opportunity for either a family looking for a turn-key, live-in investment or for an investor to expand their portfolio in this premier location! The 4-plex is located in the Northend, a stone's throw or a 2 minute walk from the Hydrostone Market. Featuring one massive newly vacant 3-bedroom, one 2-bedroom, one 1-bedroom, and one bachelor/studio unit. There are 5 onsite designated parking spots with a washer/ dryer in each unit, and all leases are fixed keeping market values current. The 3-bedroom unit became vacant on January 1, 2023. This allows the new buyers to move in themselves or to choose their own tenants with new lease prices and terms. The current market value of the vacant 3-bedroom unit is $3000. Calculating that estimate with the other 3 existing leases brings an estimated gross income of $94,080 with a net income of $67,492 offering a 5.2 cap rate at the list price. The long list of renovations and updates can be found in the docs on file. The 3 and 2-bedroom units have 5 appliances, the others have 4 appliances. The 3 bd unit has a private fenced in backyard space. The 2 bd unit has a lovely balcony and the 1 bedroom and the bachelor suite share another fenced in backyard space. This gem is close to amenities, shopping, medical, restaurants, bars, cafes, transit, parks, and green space. Please view the Virtual Tour to view all four units.

Listing Courtesy of: Keller Williams Select Realty


Directions

Directions to 3121 Agricola Street, Halifax, NS (MLS® 202301804): Young St. to Agricola St.


Features

  • Balcony
  • Cable
  • Telephone
  • Sump Pump

Community Features

  • Park
  • Playground
  • Place of Worship

Schools near 3121 Agricola Street, Halifax, NS (MLS® 202301804)

Type Name
Elementary SchoolSt Joseph's - Alexander Mckay Elementary School
Middle SchoolHighland Park Junior High School
High SchoolCitadel High School
Elementary School (Fr. Imm.)St Joseph's - Alexander Mckay Elementary School
Middle School (Fr. Imm.)Oxford School
High School (Fr. Imm.)Citadel High School


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Homes in HRM

Sheila Banser is an award-winning REALTOR® at Royal LePage Atlantic in Halifax, Nova Scotia. Since 2003, Sheila has been helping clients buy and sell their homes in Halifax, Bedford, Dartmouth, Hammonds Plains, Sackville, Timberlea, Fall River and beyond.

Contacts

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