5-12+ Units - Multi-Unit Investments
2405 Agricola Street
1-Halifax Central
Halifax
B3K 4B8
$5,375,000
Multi-Family
- Status:
- Pending
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202403239
Prime opportunity to acquire four newly improved and adjacent contiguous character buildings on Agricola Street totaling 12 units (2 commercial spaces & 10 residential units). This package offering includes 2391-2397 featuring 5 units; 2399 Agricola is a detached triplex and the crown jewel is the rebuilt 2401-2405 featuring 3 residential units and 1 commercial space which is home to 'Bravado Wine Bar'. Residential units are all on fixed term leases and commercial are long-term leases. All units have their own front door and there is a shared and enclosed landscaped courtyard. Each unit is unique in character and they have been modernized or rebuilt to a high quality standard. This is a solid long term asset in a highly desirable area of peninsular Halifax!
- Listing Sub-Area:
- 1-Halifax Central
- Property Type:
- Multi-Family
- Multi-Family Type:
- 9 - 12 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- (40.9x21.6)-JOG + (49.6x40.6)-JOG + (42x37.2)-JOG
- Outside Dimenions:
- (40.9x21.6)-JOG + (49.6x40.6)-JOG + (42x37.2)-JOG
- Lot Size:
- 5,871.888 sq. ft.545.516 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 12
- # Floors:
- 2
- Exterior Finish:
- Wood Shingles, Wood Siding
- Foundation:
- Concrete, Stone, Other
- Basement:
- Full, Fully Developed, Partially Developed
- Floor Finish:
- Ceramic, Hardwood, Tile, Vinyl
- Roof:
- Other
- Heating:
- Baseboard, Heat Pump -Ductless, In Floor, Radiant, Ductless Cooling
- Fuel:
- Electric
- Parking:
- No
- Driveway:
- None
- Water Supply:
- Municipal
- Water And Sewage:
- 5512
- Sewer:
- Municipal
- Num Units:
- 12
- Num Bachelor Units:
- 1
- Num 1 Bed Units:
- 4
- Num 2 Bed Units:
- 4
- Num 3 Bed Units:
- 1
- # Of Dishwashers:
- 10
- # Of Dryers:
- 4
- # Of Fridges:
- 10
- # Of Microwaves:
- 10
- # Of Stoves:
- 10
- # Of Washers:
- 4
- Rental Income:
- Yes, 345864
- Laundry Income:
- 5000
- Approx. Net Income:
- 306254
- Insurance Expense:
- 4942
- Taxes Costs:
- 18265
- Maintenace:
- 3500.0
- Management expense:
- 9991
- Snow / Garbage Collection:
- 1200
- Electricity Bill:
- 1200
- Approx. Total Expense:
- 44610
- Approx. Total Income:
- 350864
- Air Conditioning, Apt Conforming, Balcony, Cable, Heat/Air Exchange, Laundry, See Remarks, Telephone, Sump Pump
- 10 fridges, 10 stoves, 10 dishwashers, 10 OTC microwaves, 5 ductless mini-splits, 3 combo W/D, 1 coin-op washer & dryer.
- Tenant equipment, inventory and possessions.
- Park, Public Transit, Shopping
- Range - Electric, Dishwasher, Dryer - Electric, Washer, Washer/Dryer Combo, Microwave Rng Hd Combo, Refrigerator
- None
- Deck
- No
- Civic #s: 2391, 2393, 2395, 2397, 2399, 2401, 2403 & 2405
- Zoning:
- COR
- Possession Info:
- Negotiable / As Agreed
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Larger map options:
Listed by Red Door Realty
Data was last updated October 13, 2024 at 06:30 AM (UTC)
Area Statistics
- Listings on market:
- 62
- Avg list price:
- $892,950
- Min list price:
- $200,000
- Max list price:
- $5,375,000
- Avg days on market:
- 56
- Min days on market:
- 4
- Max days on market:
- 598
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
- Trish Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 902-452-6023
- Trish@LeamanRE.ca