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1101 Wellington Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202007830

1101 Wellington Street Halifax B3H 3A1 : 2-Halifax South

Location Location Location!
$1,699,000
Prop. Type:
Multi-Family
MLS® Num:
202007830
Status:
Active
Year Built:
2011
Great Investment Opportunity in South End Halifax!This like-new fourplex is the ideal South End investment opportunity. Located within walking distance to Saint Mary's and Dalhousie Universities, hospitals, the Halifax downtown core, restaurants, coffee shops, Gorsebrooke Park, and Point Pleasant Park - making it not just a perfect investment but also the perfect location too! Built-in 2011 and nestled on a sought after South End treelined street, 1101 Wellington offers Three - 3 bedroom units and One - 4 bedroom unit. Each unit is self-contained boasting an executive style with modern finishes, laminate flooring throughout,stainless steel kitchen appliances, and in-suite laundry. This property has little to no maintenance, with 3 parking spaces.
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Lot Details:
4320 SqFt
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
1
Year built:
2011 (Age: 9)
Age:
9
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Ceramic, Laminate
Roof:
Asphalt Shingle
Heating:
Radiant
Fuel:
Electric
Parking:
Yes
Parking Description:
Paved Driveway - 3 Parking Spots
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
2751
Sewer:
Municipal
Num Units:
4
Num 3 Bed Units:
3
Num 4 Bed Units:
1
# Of Dishwashers:
4
# Of Dryers:
4
# Of Fridges:
4
# Of Microwaves:
4
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Potential, 118,183.00
Approx. Net Income:
83,598.00
Insurance Expense:
5028
Taxes Costs:
14987
Maintenace:
2500.0
Snow / Garbage Collection:
425
Electricity Bill:
8894
Approx. Total Expense:
34585
Approx. Total Income:
$118,183
Balcony, Laundry
4 washers, 4 fridges, 4 cooktop, 4 wall ovens, 4 dryers, 4 dishwashers, 4 microwaves, all furnishings.
Tenants possessions in basement unit.
Park, Public Transit, Recreation Center, Shopping
Cooktop - Electric, Oven, Dishwasher, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
None
Deck, Patio
No
Zoning:
R2A
Elementary School:
Inglis Street Elementary School
Middle School:
Gorsebrook Junior High School
High School:
Citadel High School
Possession Info:
Negotiable
Listed by Royal LePage Atlantic
Data was last updated September 30, 2020 at 05:20 PM (UTC)
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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