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Property Detail - For Sale

Address:        2086 Creighton Street Halifax NS Canada

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Commercial UnitMagnify
Sample Apartment WashroomMagnify
 
Apartment Sample KitchenMagnify
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Exterior Creighton StreetMagnify

Property Description

Property Type:Multi-Unit  
Lot Size:1,914 sf 
Building Style:Multi-Unit Residential 
# Tenant Units:
Gross Building Area:~4,648 sf 
Unfinished Area:~1,750 sf 
Finished Area:~4,648 sf 
Frame:Wood 
Walls:Wood Siding & Shingles 
Heating:Electric Baseboard 
Loading Facilities:N/A 
Outside Storage:Some for Refuse 
Comments: 
Located in Halifax’s trendy North End, this five unit investment property is just steps away from the Central Business District. Property comprises of four apartment units and one commercial retail unit. This property was rebuilt in 2014 to then current building standards. Current owners have had success in retaining long term tenants.  
Zoning:General Residential (R-2) Zone 
Services:Municipal 
Total Assessment:$865,500 
% Occupied:100% 
# Storeys:
Ceiling Height:N/A 
Air Conditioning:Heat Pump to Commercial Unit 
Year Built:Circa Mid 1800s (Rebuilt in 2014) 
Roof:Asphalt shingle 
Sprinklers:No 
Rail Spur:N/A 
Parking:None Onsite, Street Parking 

Investment Analysis

Asking Price:$1,699,000 
Price/Sq.ft.:$365.53/sf 
Price/Unit:$339,800 
Gross Income Multiplier:
Return on Investment:
Cash on Cash Return:

The information contained in this listing is based on information furnished by the principals and other sources which we believe to be reliable, but for which we assume no responsibility. No representation or warranties are given or implied by Turner Drake & Partners Ltd. as to its completeness or accuracy.