MLS®202004916
List Price$1,239,000
PID00177451
TypeFourplex
Approx. Year Built1922
List DateMar 17, 2020 (70 Days)

Overview

6329-6331 Yale Street, Halifax (MLS® 202004916): Invest in a stable, growing economy that you know and understand. This four unit multi-unit has positive cash flow after all expenses, inclusive of mortgage payments, Located in an area that is growing in popularity with increased local business growth, opportunity and development. Center Plan Phase B currently has this building designated as ER-2 with height restrictions of 9 meters. Current configuration is comprised of four spacious units - three four-bedroom units and one three-bedroom unit. Each unit includes a spacious patio and parking. Low vacancy ratio and quality tenant's area in a desired location. Upcoming vacancies are normally filled with a sign in the front of the complex. In 2001 the four-plex was taken back to the studs, insulation, plumbing, electrical, heating, and roof reworked. A great opportunity with added value once the center plan phase B is implemented. 1) Positive cashflow 2) debt reduction 3) capital appreciation. An ideal investment.

Listing Courtesy of Domus Realty Limited


Inclusions

Appliances


Exclusions

Tenant belongings.


Features

  • Laundry

Community Features

  • Playground
  • public Transit
  • Recreation Center
  • Shopping