44.645589433574
-63.599600800000

202004916

1 239 000
6329-6331 Yale Street
Halifax West
Property Description
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.
Directions:
xxxx
Email
Cell
902-476-7079

Property Specifications

Property Size
Under 0.5 Acres
Garage
No
Age
98
Heating
Baseboard,Furnace
Lot Size
7208
Type
Fourplex
District
Halifax-Dartmouth 4-A
Rental Equipment
Furnace
Driveway
Parking Spaces(s)
Exterior
Vinyl
Parking
6+ spaces located on the Harvard side entrance.
Sewer
Municipal
Water
Municipal
Migrated
Yes
PCDS
No

Additional Specifications

3-Bed Units
1
4-Bed Units
3
Rental Units
4
Stoves
4
Fridges
4
Washers
1
Dryers
1

Income Information

Rental Income
103920
Total Expenses
N/A
Total Income
105620
Net Income
74264.12