5-12+ UNITS - MULTI-UNIT INVESTMENTS

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948 McLean Street
2-Halifax South Halifax B3H 2V1

$1,999,900
Multi-Family built: 1956

Main Photo: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 1: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 2: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 3: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 4: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 5: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 6: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 7: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 8: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 9: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 10: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 11: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 12: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 13: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 14: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 15: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 16: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 17: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 18: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 19: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 20: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 21: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 22: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 23: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 24: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 25: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 26: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 27: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 28: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 29: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 30: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 31: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 32: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 33: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 34: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 35: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 36: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 37: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Photo 38: 948 McLean Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202426669
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202426669
Year Built:
1956
We are pleased to present a Rare Investment Opportunity at prime location Halifax South End. Six units in total, with a mix of three-bedrooms, two-bedrooms and studio apartments. Situated in a highly sought-after area, providing residents with convenient access to work, study, shopping and leisure facilities. Properties in this area are limited and highly coveted, contributing to long-term asset value retention. This is a rare chance to acquire a portfolio of high-demand, well-located properties that promise both solid returns and long-term appreciation. Perfect for savvy investors looking to diversify their real estate assets while benefiting from an established rental market and enduring property value.
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
40x52.3
Lot Size:
6,042 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
6
Year built:
1956 (Age: 68)
Age:
68
Exterior Finish:
Brick
Foundation:
Concrete
Basement:
None
Floor Finish:
Ceramic, Hardwood
Roof:
Rolled
Heating:
Baseboard
Fuel:
Oil
Parking:
Yes
Parking Description:
Property has 3 parking spots but there is room for 4 cars
Driveway:
Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
6
Num Bachelor Units:
1
Num 1 Bed Units:
0
Num 2 Bed Units:
3
Num 3 Bed Units:
2
Num 4 Bed Units:
0
# Of Dishwashers:
0
# Of Dryers:
1
# Of Fridges:
6
# Of Microwaves:
0
# Of Stoves:
6
# Of Washers:
6
Rental Income:
Yes, 127200
Laundry Income:
1000
Approx. Net Income:
84983
Insurance Expense:
5000
Taxes Costs:
18217
Other Costs:
20000
Approx. Total Expense:
43217
Approx. Total Income:
128200
Balcony
Appliances, sheds on the backyard
Tenants belongings
Park, Public Transit
Stove - Gas, Dishwasher, Dryer, Refrigerator
Other
Deck, Shed
No
Zoning:
ER2
Possession Info:
Tenants occupied
Elementary School:
Inglis Street Elementary School
French Imm Elementary School:
Lemarchant - St Thomas Elementar
French Imm High School:
Citadel High School
French Imm Middle School:
Gorsebrook Junior High School
High School:
Citadel High School
Middle School:
Gorsebrook Junior High School
Listed Date:
Days on Mkt:
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Listed by Royal LePage Atlantic
Data was last updated November 23, 2024 at 06:30 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$970,000
Min list price:
$389,900
Max list price:
$4,800,000
Avg days on market:
39
Min days on market:
2
Max days on market:
639
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.