5380 Inglis Street, Halifax, NS (MLS® 202205095)

For Sale
 Multi-Family
Triplex
Mar. 24, 2022
Social Sharing
REALTOR®
Melissa Kenny

Melissa Kenny

Real Estate Agent
 (902) 789-2659 
 (902) 700-5950 

Overview

Listing Type:
 Multi-Family
Property Type:
Triplex
Listing Price:
$1,049,000
MLS® #:
202205095
PID #:
00142661
Water:
Municipal
Sewer:
Municipal

Address

Street Address:
5380 Inglis Street
City:
Halifax
Province:
NS
Postal Code:
B3H 1J5
Country:
Canada

Description

5380 Inglis Street, Halifax, NS (MLS® 202205095): Fantastic opportunity to purchase a legal SOUTH END peninsular TRI-PLEX located on Inglis Street. With over 3200sf of space on three separate levels the units are spacious and functional in layout. The rental market has validated this asset as being a solid location and property over the years given the fact that it is always fully leased. Current unit composition is: 2 X 3 Bedroom units and 1 X 2 Bedroom unit. Each unit features in-suite laundry and the building also offers tenants on-site parking for 3-4 cars in behind the building with access via Waverly Terrace. Currently the landlord pays for heat and hot water in all units and power for two of the three units. Current leases are periodic and a new fixed term lease for Apt #3 has already been signed at more rent ending in May 2023. This is a great property in a highly desirable area of the peninsula with ready access to universities, downtown and amenities at your doorstep. With the strong current financials in place the opportunity also exists for the new owner to reposition this long-term asset to the next chapter!

 Inclusions & Exclusions

Inclusions: 3 Fridges, 3 Stoves, 2 Portable Dishwashers, 3 Washers and 3 Dryers.

Exclusions: Tenants Possessions

Building Details

Foundation Type:
Concrete
Roof Material:
Asphalt Shingle, Other
Exterior Finish:
Wood Shingles, Vinyl
Flooring Type:
Hardwood, Laminate, Softwood, Tile
Basement Features:
Full, Fully Developed, Walkout

Land Details

Title To Land:
Freehold

 Virtual Tours of 5380 Inglis Street, Halifax, NS (MLS® 202205095)

Features

  Apt Conforming
  Laundry
  Multi-Use Rooms
  See Remarks

Community Features

  Park
  Playground
  Public Transit
  Shopping

Schools near 5380 Inglis Street, Halifax, NS (MLS® 202205095)

TypeName
Elementary SchoolInglis Street Elementary School
Middle SchoolGorsebrook Junior High School
High SchoolCitadel High School
Elementary School (Fr. Imm.)Lemarchant - St Thomas Elementary School
Middle School (Fr. Imm.)Gorsebrook Junior High School
High School (Fr. Imm.)Citadel High School

Demographics for 5380 Inglis Street, Halifax, NS (MLS® 202205095)

 Dissemination Area 12090295 (Census Year: 2016)
Dissemination Area ID: 12090295
Census Year: 2016
Subdivision Name: Halifax
Population Count: 943
Private Dwellings Count: 590
Land Area: 0.76 Km2

Demographics Synopsis: 5380 Inglis Street, Halifax, NS (MLS® 202205095) is located in Dissemination Area 12090295 that spans over 0.76 Km2 and has 590 private dwellings that are home for 943 people. This represents a population density of 1242.4 persons per Km2. The Majority of dwellings in the area are occupied by tenants. The average age of the population in the area is 33.3 years old.

Do you have questions about this listing?

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(902) 789-2659