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Nova Scotia Multi-Unit Apartment Buildings For Sale

129 Pinecrest Drive in Dartmouth: 13-Crichton Park, Albro Lake Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202126806

129 Pinecrest Drive Dartmouth B4C 1N2 : 13-Crichton Park, Albro Lake

Main Photo: 129 Pinecrest Drive in Dartmouth: 13-Crichton Park, Albro Lake Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202126806
$625,000
Prop. Type:
Multi-Family
MLS® Num:
202126806
Status:
Active
Year Built:
1963
Solid Investment. These large, 2 level, 2 bedroom units have always been very easy to rent. They currently rent for $850, $950, $950 and $1,150. Lowest rent is because Tenant assists with small chores around the building. All are under Rent Control. The potential with new Tenants would be $1,150 for all 4 units.
Listing Sub-Area:
13-Crichton Park, Albro Lake
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
68 x 48
Lot Details:
12,300 sq ft
Outside Dimenions:
68 x 48
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
4
Year built:
1963 (Age: 58)
Age:
58
# Floors:
2
Exterior Finish:
Brick, Vinyl
Foundation:
Concrete
Basement:
Full, Partially Developed
Floor Finish:
Carpet, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Forced Air, Furnace
Fuel:
Oil
Parking:
Yes
Parking Description:
Lots of shared paved parking
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
2192
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
4
# Of Fridges:
4
# Of Stoves:
4
Rental Income:
Yes, 46800
Approx. Net Income:
32435
Insurance Expense:
3084
Taxes Costs:
3724
Maintenace:
1200.0
Snow / Garbage Collection:
Owner
Heating Bill:
4165
Electricity Bill:
Tenants Pay
Approx. Total Expense:
14365
Approx. Total Income:
46800
4 fridges, 4 stoves
Washers and Dryers belong to Tenants
Range - Electric, Refrigerator
None
No
Lot B-38
Zoning:
R3
Possession Info:
immediate subject to Tenancy
Listed by Royal LePage Anchor Realty
Data was last updated December 2, 2021 at 03:20 PM (UTC)
GAIL NAUGLER
COHEN MACINNIS

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Office Location:

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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