2-4 Unit - Multi-Units Investments
2 Smith Lane
35-Halifax County East
Watt Section
B0J 3B0
$579,000
Multi-Family
built: 1975
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202501415
- Year Built:
- 1975
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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)1.48 hectare(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
Larger map options:
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.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
- Trish Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 902-452-6023
- Trish@LeamanRE.ca