5-12+ Units - Multi-Unit Investments
7830 357 Highway
35-Halifax County East
Middle Musquodoboit
B2T 1B9
$599,900
Multi-Family
built: 1970
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202505946
- Year Built:
- 1970
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This well maintained 6 unit building in the heart of Middle Musquodoboit presents an exceptional investment opportunity or the perfect chance for a homebuyer to generate rental income while living in one of the units. The property features a mix of unit types, including 1 bachelor unit, 2 one bedroom units, 1 one bedroom + den and 2 spacious two bedroom units (one of which spans two levels, providing tenants with additional privacy and comfort). Each unit is designed to maximize space and functionality, with a coin-operated washer and dryer in the basement, making laundry convenient for all tenants. Additionally, the building offers valuable storage space in two separate basement units, with potential to develop for an additional rental unit, adding even more appeal to potential owners/investors. Located just minutes from local grocery and convenience stores, this property provides a prime location with easy access to everyday amenities. With the airport only 25 minutes away and downtown Halifax just 45 minutes by car, the building is perfectly positioned for tenants seeking both peaceful surroundings and quick access to city life. Whether you're an investor looking to add a stable income producing property to your portfolio, or a homeowner seeking a mortgage supplement by renting out units, this property is a fantastic opportunity. Don't miss the chance to secure this versatile and income generating building in a growing community! Note: A gas contract is ready to be assigned to the new owners.
- Highway #357 to Middle Musquodoboit, property on Water Side. Number 7830.
- Listing Sub-Area:
- 35-Halifax County East
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 42x23 + 24x23
- Lot Size:
- 8,507 sq. ft.790 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 6
- Year built:
- 1970 (Age: 55)
- Age:
- 55
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Full, Undeveloped
- Floor Finish:
- Ceramic, Laminate, Vinyl
- Roof:
- Metal
- Heating:
- Baseboard, Furnace
- Fuel:
- Electric, Propane
- Garage Description:
- N/A
- Parking:
- Yes
- Parking Description:
- 4 Cars Front. 4 Cars Back.
- Driveway:
- Gravel, Parking Spaces(s)
- Water Supply:
- Municipal
- Water And Sewage:
- 1,395
- Sewer:
- Municipal
- Num Units:
- 6
- Num Bachelor Units:
- 1
- Num 1 Bed Units:
- 3
- Num 2 Bed Units:
- 2
- # Of Dishwashers:
- 0
- # Of Dryers:
- 1
- # Of Fridges:
- 6
- # Of Microwaves:
- 0
- # Of Stoves:
- 6
- # Of Washers:
- 1
- Rental Income:
- Yes, 53,880
- Laundry Income:
- 720
- Other Income:
- -
- Approx. Net Income:
- 30,468
- Insurance Expense:
- 5,467
- Taxes Costs:
- 4,088
- Other Costs:
- -
- Maintenace:
- 2300.0
- Management expense:
- -
- Snow / Garbage Collection:
- -
- Heating Bill:
- 8,201
- Electricity Bill:
- 2,681
- Approx. Total Expense:
- 24,132
- Approx. Total Income:
- 54,600
- Laundry
- Appliances.
- Tenant Belongings.
- Recreation Center, School Bus Service, Shopping
- Propane Tank
- No
- View: River
- Zoning:
- VIL Zone
- Possession Info:
- Negotiable
Larger map options:
Listed by RE/MAX Nova (Halifax)
Data was last updated March 31, 2025 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 76
- Avg list price:
- $1,199,450
- Min list price:
- $284,000
- Max list price:
- $7,500,000
- Avg days on market:
- 60
- Min days on market:
- 4
- Max days on market:
- 767
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