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Nova Scotia Multi-Unit Apartment Buildings For Sale

2391 Agricola Street in Halifax: 1-Halifax Central Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202128715

2391 Agricola Street Halifax B3K 4B8 : 1-Halifax Central

Main Photo: 2391 Agricola Street in Halifax: 1-Halifax Central Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202128715
$2,875,000
Prop. Type:
Multi-Family
MLS® Num:
202128715
Status:
Active
Prime opportunity to acquire two newly improved and adjacent buildings on Agricola Street totalling 8 units (1 commercial space & 7 residential units). The buildings share an enclosed and landscaped courtyard and laundry. Each unit has its own front door! 2399 Agricola Street is a triplex consisting of stacked units. (2 X 1 BR units and 1 X 2BR unit). 2391-2397 Agricola features five units. One storefront commercial space (fresh 5 year lease); a townhouse 3BR unit, one 1 BR + Den, a studio and a lower level 2 bedroom unit. Each unit is unique in character and they feature new kitchens, appliances and interior fixtures/finishes. Now that the work is complete the building is being leased and the seller will commit to deliver a fully occupied building on closing should the buyer desire! With very strong projected financials this is a solid long term asset in a highly desirable area of our thriving city. Assignable current Phase I ESA on file.
Listing Sub-Area:
1-Halifax Central
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Building Dimenions:
(40.9 x 21.6 - JOG) + (49.6 x 40.6 - JOG)
Outside Dimenions:
(40.9 x 21.6 - JOG) + (49.6 x 40.6 - JOG)
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
5
# Floors:
2
Exterior Finish:
Wood Shingles
Foundation:
Concrete, Stone, Other
New Constr.:
No
Basement:
Fully Developed, Full
Floor Finish:
Concrete, Hardwood, Tile, Vinyl
Roof:
Other
Heating:
Baseboard, Heat Pump -Ductless, In Floor, Radiant
Fuel:
Electric
Parking:
No
Parking Description:
N/A
Driveway:
None
Water Supply:
Municipal
Water And Sewage:
3000
Sewer:
Municipal
Num Units:
8
Num Bachelor Units:
1
Num 1 Bed Units:
3
Num 2 Bed Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
7
# Of Dryers:
1
# Of Fridges:
7
# Of Microwaves:
7
# Of Stoves:
7
# Of Washers:
1
Rental Income:
Yes, 181437
Laundry Income:
3600
Approx. Net Income:
144512 (Est)
Insurance Expense:
5625
Taxes Costs:
25000
Maintenace:
3500.0
Electricity Bill:
3400
Approx. Total Expense:
40525 (Est)
Approx. Total Income:
185037 (Est)
Apt Conforming, Balcony, Cable, Heat/Air Exchange, Laundry, See Remarks, Telephone
7 fridges, 7 stoves, 7 dishwashers, 7 OTC microwaves, 1 ductless mini-split and 1 coin-op washer and dryer.
Tenants inventory and possessions
Park, Public Transit, Shopping
Range - Electric, Dishwasher, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
None
No
Civic #s 2391, 2993, 2395, 2397 and 2399 Agricola Street
Zoning:
COR
Possession Info:
Negotiable/As Agreed
Listed by Red Door Realty
Data was last updated January 23, 2022 at 03:20 AM (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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