5 UNIT (2 BDRMS EACH) BUILDING WITH HR-1 ZONING! Development possibility of a 5 storey multi-unit residential building with a possibility of up to 50 units(or more)...buyer to verify with HRM. Existing building has 5-2 bedroom units with potential for another unit utilizing the storage area. One of the sellers lives in the building and does not pay rent. Expenses are approximate. Rent is $950 month per unit (4) and the leases are month to month.
Victoria Road to Jackson Road
Listing Sub-Area:
13-Crichton Park, Albro Lake
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
58 Ft. x 28 Ft.
Outside Dimenions:
58 Ft. x 28 Ft.
Lot Size:
14,388 sq. ft.1,337 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
5
Year built:
1960
(Age: 65)
Age:
65
# Floors:
2
Exterior Finish:
Aluminium Siding, Vinyl
Foundation:
Concrete
Basement:
Other
Floor Finish:
Ceramic, Hardwood, Laminate, Linoleum
Roof:
Other
Heating:
Baseboard, Furnace, Hot Water
Fuel:
Oil
Parking:
Yes
Parking Description:
Multiple spaces
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
2000
Sewer:
Municipal
Num Units:
5
Num 2 Bed Units:
5
# Of Dryers:
2
# Of Fridges:
5
# Of Stoves:
5
# Of Washers:
1
Rental Income:
Yes, 45600
Approx. Net Income:
15850
Insurance Expense:
6000
Taxes Costs:
4350
Other Costs:
Internet-1000
Heating Bill:
11000
Electricity Bill:
5400
Approx. Total Income:
45600
Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
Listed by RE/MAX Nova (Halifax) and Century 21 Trident Realty Ltd.
Data was last updated April 24, 2025 at 07:20 AM (UTC)
Area Statistics
Listings on market:
90
Avg list price:
$1,195,000
Min list price:
$284,000
Max list price:
$6,995,000
Avg days on market:
47
Min days on market:
1
Max days on market:
791
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.