First time to market. Triplex on Hester Street in Dartmouth. This property provides many opportunities for rejuvenation/expansion. Lovely quiet street in a desirable neighbourhood. Triplex consists of two 3-bed units and one 1-one bed unit. This property has been in the same family since the early 20th century and survived the Halifax Explosion. The large 11,584 sq. ft. lot is ideal for future expansion under the Regional Centre Land Use bylaw as it is zoned ER-3 and could qualify for 8 units on this lot. (Buyer to verify). There are two driveways, each allowing full access to the level back yard. There is also an older double car garage and additional storage space.
Listing Sub-Area:
10-Dartmouth Downtown to Burnsid
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
11,582.604 sq. ft.1,076.059 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Full, Undeveloped
Floor Finish:
Carpet, Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Forced Air, Hot Water
Fuel:
Oil
Garage Description:
Double
Parking:
Yes
Parking Description:
Two Driveways
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
1901
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
1
Num 3 Bed Units:
2
# Of Dishwashers:
0
# Of Dryers:
1
# Of Fridges:
3
# Of Microwaves:
0
# Of Stoves:
2
# Of Washers:
0
Rental Income:
Yes, 27,720
Approx. Net Income:
11,500
Insurance Expense:
1214
Taxes Costs:
4194
Maintenace:
2290.0
Management expense:
0
Snow / Garbage Collection:
0
Heating Bill:
6620
Electricity Bill:
0
Approx. Total Expense:
16,620
Approx. Total Income:
27,720
Apt Non-Conforming, Balcony
Washer & freezer in 49. Washer, dryer, freezer and stove Unit 51, vinyl shed, fire pit, pergola
Data was last updated September 29, 2024 at 11:20 AM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$869,900
Min list price:
$200,000
Max list price:
$5,375,000
Avg days on market:
57
Min days on market:
3
Max days on market:
584
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.