5656 Morris Street, Halifax, NS (MLS® 202113124)
|List Date||Apr. 23, 2021 (54 Days)|
5656 Morris Street, Halifax, NS (MLS® 202113124): High-quality South End multi-family investment opportunity. Well-positioned urban location, close to all amenities. Virtually new building, with attractive and spacious units. Strong long-term value for an investor or owner-occupier. This three-storey wood frame, walk-up style building offers unique, two level units with roomy and functional layouts, along with high-end kitchens, two full baths, large windows, high ceilings, in-suite laundry, air exchange units, and in-floor heat, which have historically catered to graduate students and young professionals, and attract upper range rents. Additional property features include paved on-site parking, and minimal expenses to the landlord, with tenants paying the majority of utilities, and hardly any common areas. Extensively renovated / rebuilt and expanded on between 2015 and 2017, including new addition to the rear, third level added, and new: roofing system, windows, exterior doors, decks, entire interior, appliances, and mechanical, electrical, and ventilation systems. The property falls under the Schmidtville Heritage Residential (SHR) Zone. Tenants pay their own electricity, heat and hot water. Annual Rental Income of $129,240.
Listing Courtesy of: Partners Global Corporate Real Estate Inc.