Listing Details

  • Status: Active
  • MLS® #: 202004916
  • List Price: $1,239,000
  • List Date: Mar 17, 2020
  • Updated Date: Mar 24, 2020

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Overview of 6329-6331 Yale Street, Halifax (MLS® # 202004916)

Invest in a stable, growing economy that you know and understand. This four unit multi-unit has positive cash flow after all expenses, inclusive of mortgage payments, Located in an area that is growing in popularity with increased local business growth, opportunity and development. Center Plan Phase B currently has this building designated as ER-2 with height restrictions of 9 meters. Current configuration is comprised of four spacious units - three four-bedroom units and one three-bedroom unit. Each unit includes a spacious patio and parking. Low vacancy ratio and quality tenant's area in a desired location. Upcoming vacancies are normally filled with a sign in the front of the complex. In 2001 the four-plex was taken back to the studs, insulation, plumbing, electrical, heating, and roof reworked. A great opportunity with added value once the center plan phase B is implemented. 1) Positive cashflow 2) debt reduction 3) capital appreciation. An ideal investment.

Inclusions: Appliances

Exclusions: Tenant belongings.

Listing Courtesy of Domus Realty Limited


Property Overview: 6329-6331 Yale Street, Halifax, B3L 3E6 (MLS® 202004916)

Address:
6329-6331 Yale Street, Halifax, B3L 3E6 (MLS® 202004916)
MLS® #:
202004916
PID:
00177451
Property Type:
Fourplex
Foundation:
Concrete, Stone
Exterior Finish:
Vinyl
Building Age:
98
Roof:
Asphalt Shingle, Rolled
Water:
Municipal
Sewer:
Municipal
Flooring:
Ceramic, Carpet, Hardwood, Laminate, Vinyl
Basement:
Undeveloped


Utilities & Features: 6329-6331 Yale Street, Halifax, B3L 3E6 (MLS® 202004916)

Features:
Laundry
Community Features:
Playground, public Transit, Recreation Center, Shopping