5656 Morris Street, Halifax, NS (MLS® 202113124)

For Sale
 Multi-Family
Fourplex
Apr. 23, 2021
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REALTOR®
Melissa Kenny

Melissa Kenny

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

Overview

Listing Type:
 Multi-Family
Property Type:
Fourplex
Listing Price:
$2,145,000
MLS® #:
202113124
PID #:
00093849
Water:
Municipal
Sewer:
Municipal

Address

Street Address:
5656 Morris Street
City:
Halifax
Province:
NS
Postal Code:
B3J 1C5
Country:
Canada

Description

5656 Morris Street, Halifax, NS (MLS® 202113124): High-quality South End multi-family investment opportunity. Well-positioned urban location, close to all amenities. Virtually new building, with attractive and spacious units. Strong long-term value for an investor or owner-occupier. This three-storey wood frame, walk-up style building offers unique, two level units with roomy and functional layouts, along with high-end kitchens, two full baths, large windows, high ceilings, in-suite laundry, air exchange units, and in-floor heat, which have historically catered to graduate students and young professionals, and attract upper range rents. Additional property features include paved on-site parking, and minimal expenses to the landlord, with tenants paying the majority of utilities, and hardly any common areas. Extensively renovated / rebuilt and expanded on between 2015 and 2017, including new addition to the rear, third level added, and new: roofing system, windows, exterior doors, decks, entire interior, appliances, and mechanical, electrical, and ventilation systems. The property falls under the Schmidtville Heritage Residential (SHR) Zone. Tenants pay their own electricity, heat and hot water. Annual Rental Income of $129,240.

 Inclusions & Exclusions

Inclusions: Appliances

Exclusions: Tenants Chattels

Building Details

Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Shingles, Vinyl
Flooring Type:
Ceramic, Laminate
Basement Features:
Fully Developed

Land Details

Title To Land:
Freehold
Lot Size:
4384 sf

 Virtual Tours of 5656 Morris Street, Halifax, NS (MLS® 202113124)

Features

  Balcony
  Heat/Air Exchange
  Laundry

Community Features

  Park
  Public Transit
  Shopping

Demographics for 5656 Morris Street, Halifax, NS (MLS® 202113124)

 Dissemination Area 12090965 (Census Year: 2016)
Dissemination Area ID: 12090965
Census Year: 2016
Subdivision Name: Halifax
Population Count: 1,032
Private Dwellings Count: 730
Land Area: 0.11 Km2

Demographics Synopsis: 5656 Morris Street, Halifax, NS (MLS® 202113124) is located in Dissemination Area 12090965 that spans over 0.11 Km2 and has 730 private dwellings that are home for 1,032 people. This represents a population density of 9591.1 persons per Km2. The Majority of dwellings in the area are occupied by tenants. The average age of the population in the area is 35.5 years old.

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