2-4 Unit - Multi-Units Investments

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2 Smith Lane
35-Halifax County East Watt Section B0J 3B0

$579,000
Multi-Family built: 1975

Main Photo: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 1: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 2: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 3: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 4: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 5: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 6: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 7: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 8: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Photo 9: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202501415
Year Built:
1975
Calling all investors! This unique property is both a 4 unit apartment building AND a 8 lot mobile park located in the charming village of Watt Section, close to all amenities in nearby Sheet Harbour. Numerous recent upgrades in the building include: new roof, 3 fully renovated units, new washers and dryers, new electric baseboard heaters, new hot water heaters, electrical upgrades and heat pumps in all 4 units. Additionally, there's potential for a fifth unit in the lower level of the building. Revenue streams from both the apartment rentals and mobile-home lot fees will certainly make this a profitable venture for years to come. Contact your REALTOR® for more information.
Take #7 Highway east towards Sheet Harbour.
Listing Sub-Area:
35-Halifax County East
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
50x30
Lot Size:
3.66 acre(s)
Prop Size:
3 to 9.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1975 (Age: 50)
Age:
50
Exterior Finish:
Vinyl
Foundation:
Block, Concrete
Basement:
Partially Developed
Floor Finish:
Laminate
Roof:
Metal
Heating:
Baseboard, Forced Air, Heat Pump -Ductless
Fuel:
Electric, Oil
Garage Description:
No
Parking:
Yes
Parking Description:
One spot per tenant
Driveway:
Gravel
Water Supply:
Well
Sewer:
Septic
Num Units:
4
Num 2 Bed Units:
4
# Of Dryers:
3
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
3
Rental Income:
Yes, 4680
Insurance Expense:
4645
Taxes Costs:
2193
Snow / Garbage Collection:
80 per snow plow`
Electricity Bill:
120-150/Monthly
All appliances
Beach, Park, School Bus Service, Shopping
Oven - Electric, Dryer - Electric, Washer, Refrigerator
None
None
No
Zoning:
RE
Possession Info:
Negotiable
Elementary School:
Marine Drive Academy
High School:
Marine Drive Academy
Middle School:
Marine Drive Academy
Listed Date:
Days on Mkt:
  • Photo 1: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 2: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 3: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 4: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 5: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 6: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 7: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 8: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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  • Photo 9: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202501415
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Listed by Century 21 Trident Realty Ltd.
Data was last updated February 22, 2025 at 05:20 PM (UTC)
Area Statistics
Listings on market:
68
Avg list price:
$1,143,950
Min list price:
$289,000
Max list price:
$7,500,000
Avg days on market:
41
Min days on market:
1
Max days on market:
730
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.