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Off market
  • Price Unknown

    51 Gaston Rd, Halifax, NS B2Y 3W5

    11beds
    0baths
    --sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    $-- Estimated rent

    What's special

    Prime investment opportunity to purchase a fully occupied and legal 6 unit apartment building in a fantastic Dartmouth location. Configured as 5 X 2 Bedroom units and 1 X 1 Bedroom units. 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. Building is well maintained and managed. There is ample on-site parking and shared laundry for use by the tenants. Priced at a 6.9% cap rate this is an attractive and performing asset. Current Phase I ESA on file and it is assignable to buyers. Act now!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 0
    Heating
    • Baseboard
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood, Laminate
    • 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: Laminate, Ceramic, Hardwood, Linoleum
    • HEATING/COOLING TYPE: Hot Water, Baseboard, Radiator
    • 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, Financial Statements, 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
    • Water and Sewage Expense: 2884
    • Snow and Garbage Expense: 825
    Services availability