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Nova Scotia Multi-Unit Apartment Buildings For Sale

122 Albro Lake Road in Dartmouth: 13-Crichton Park, Albro Lake Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202114765

122 Albro Lake Road Dartmouth B3A 3Y9 : 13-Crichton Park, Albro Lake

Main Photo: 122 Albro Lake Road in Dartmouth: 13-Crichton Park, Albro Lake Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202114765banner
$625,000
Prop. Type:
Multi-Family
MLS® Num:
202114765
Status:
Active
Year Built:
1959
Great investment property, centrally located in the North End of Dartmouth! This property features two 3-bedroom units on its top and middle floor, and one generous 2-bedroom unit in the basement. It features a landscaped front yard, large backyard and 3 parking spaces. Each unit pays their own utilities as they are all fitted with electric heating. Numerous upgrades to the property include a complete panel and GFI overhaul, plumbing, kitchen, bathroom renovations, including the fixtures, new flooring, and freshly painted throughout. A dishwasher was a welcome addition to each unit which also includes a washer and dryer. This hassle-free triplex is ready to be owner or tenant occupied. The middle unit is currently rented out for $1350 plus utilities on a fixed term lease ending July 31, 2021. Top and basement units are both vacant. Make sure you book your viewing today, this property won't last long.
Listing Sub-Area:
13-Crichton Park, Albro Lake
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
28x40
Lot Details:
6299 sqft
Outside Dimenions:
28x40
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
1
Year built:
1959 (Age: 62)
Age:
62
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle, Rolled, Tar/Gravel
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
2-3 cars
Driveway:
Concrete
Water Supply:
Municipal
Water And Sewage:
1285
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
1
Num 3 Bed Units:
2
# Of Dishwashers:
3
# Of Dryers:
3
# Of Fridges:
3
# Of Microwaves:
1
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, 35225
Approx. Net Income:
26325
Insurance Expense:
4109
Taxes Costs:
3516
Electricity Bill:
300 approx
Approx. Total Expense:
8900
Approx. Total Income:
35225
3 Stoves, 3 Fridges, 3 Dishwashers, 2 Washer Dryer Combos, 1 Washer, 1 Dryer, 1 Microwave in basement.
Playground, Public Transit, Recreation Center, Place of Worship, Beach
Stove, Dishwasher, Dryer, Washer, Washer/Dryer Combo, Refrigerator
None
Shed
No
Zoning:
HR-1
Elementary School:
Harbourside Elementary School
Middle School:
John Martin Junior High School
High School:
Dartmouth High School
Listed by RE/MAX NOVA - 15867
Data was last updated June 13, 2021 at 01:20 AM (UTC)
COHEN MACINNIS

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7071 Bayers Road, Suite 102 Halifax NS B3K 2S2 CA

Nova Scotia Income Property | Nova Scotia Multi-Unit Apartment Buildings For Sale

Cohen has been involved with many aspects of the real estate industry since 2006. This includes residential and commercial renovations, property management and investing in multi-family income properties after purchasing first apartment building at age of 19, He built Highland Place Group Inc. to over 50 rental units at its peak.


A passion for real estate has made Cohen a top performer – winning an International Sterling Society Award placing him in the top 12% of agents worldwide with Coldwell Banker and more recently the RE/MAX Executive Club Award in both 2013, 2014 and RE/MAX 100% Club in 2015 and 2016 placing him among top agents under 30 - A young leader in the Halifax marketplace.

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