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Off market
  • Price Unknown

    5 Galaxy Ave, Halifax, NS B2Y 1Z6

    10beds
    0baths
    --sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    $-- Estimated rent

    What's special

    Excellent investment opportunity to purchase a fully occupied and legal 6 unit apartment building in a prime Dartmouth location. Configured as 4 X 2 Bedroom units and 2 X 1 Bedroom units this is a well maintained and managed asset. There is high demand for units in this building and the immediate area has ready access to all amenities. Tenants pay electricity and the Landlord delivers heat and hot water via a propane furnace. There is ample on-site parking and shared laundry for use by the tenants. Priced at a 7.1% cap rate this is an attractive and performing asset whether you are just starting or adding to your investment portfolio. Current Phase I ESA on file and it is assignable to buyers. Act now!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 0
    Heating
    • Baseboard
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Full, Partially Developed

    Property

    Features
    • Exterior features: Vinyl, Brick
    Details
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1965

    Utilities & green energy

    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Halifax

    Other

    Other facts
    • Class: Multi-Unit
    • BASEMENT: Full, Partially Developed
    • EXTERIOR FINISH: Vinyl, Brick
    • FLOORING: Carpet, Vinyl, Hardwood
    • HEATING/COOLING TYPE: Hot Water, Baseboard
    • Title to Land: Freehold
    • Road: Public
    • APPLIANCES INCLUDED: Refrigerator, Stove, Dryer, Washer
    • COMMUNITY FEATURES: Public Transit, Park, Playground, Shopping
    • DOCUMENTS ON FILE: Other Documents, Leases, See Instr. To Members, Environment Assessment
    • DRIVEWAY/PARKING: Parking Spaces(s), Paved
    • FOUNDATION: Concrete
    • ROOF: Other
    • SEWAGE DISPOSAL: Municipal
    • WATER SOURCE: Municipal
    • # Washers: 1
    • # Dryers: 1
    • CONDITIONAL CLAUSE: FIN
    • FEATURES: Laundry, See Remarks, Storage, Apt Non-Conforming
    • District: 12-Southdale, Manor Park
    • Type: 5-8 Units
    • Zoning: R-2
    • # Stoves: 6
    • # Fridges: 6
    • FUEL TYPE: Propane
    • Sub-District: 12-D
    • Snow and Garbage Expense: 825
    • Water and Sewage Expense: 5890
    Services availability