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$ 999,900
Est. payment /mo
Active
5168-5170 Morris Street Halifax, NS B3J1B3
1,620 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Halifax
MLS® Listing ID 202501832
Originating Board Nova Scotia Association of REALTORS®
Lot Size 1,620 Sqft
Acres 1620.432
Property Sub-Type Freehold
Property Description
This is an excellent opportunity to invest in the most sought after location in Halifax, either as an owner occupied or pure investment. This 3 storey walk-up features 5 character filled one bedroom apartments, each with their own charm. We have one vacant unit ready for you to move into or rent out at market value, most of the other units are below current market rents. For the first time investor this is the perfect place, an exceptional location, the ability to put your own stamp on the building, manage a simple building all while having the option to live in a really cool apartment. Three of the leases are year to year, one is a term lease. For the savvy investor the finances have upside as tenants turn over, while the location will always be a pure blue chip part of your portfolio. A couple of things to know, there is no parking, the income is approximated based on the current unit being occupied, the expenses are based on 2023 actuals. The units generally show well and the tenants are excellent. The building is approximately 155 years old- so think charming, cool floors, nice trim and lots of character and the maintenance that goes with it. This is an absolute must see for investors in Halifax. (id:24570)
Location
Province NS
Interior
Flooring Carpeted, Hardwood, Laminate, Linoleum
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/5168_5170_morris_st_halifax_ns/
Listed by Royal LePage Atlantic