2-4 Unit - Multi-Units Investments

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

$569,000
Multi-Family built: 1975

Main Photo: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 1: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 2: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 3: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 4: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 5: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 6: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 7: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 8: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Photo 9: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202509083
Year Built:
1975
With 3 recently fully-renovated units, this property is both a 4 unit apartment building and an 8 lot mobile park, located in the charming village of Watt Section and close to all amenities in nearby Sheet Harbour. Numerous recent upgrades in the building include: new roof, 3 fully renovated units, new washers & dryers in 3 units, 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 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:
50 x 30
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:
1 spot per unit
Driveway:
Gravel
Water Supply:
Well
Water And Sewage:
$80 per snow plow
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
Electricity Bill:
$120-$150/ monthly
All appliances
Park, School Bus Service, Shopping, Beach
Oven - Electric, Dryer, 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®# 202509083
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  • Photo 2: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 3: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 4: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 5: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 6: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 7: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 8: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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  • Photo 9: 2 Smith Lane in Watt Section: 35-Halifax County East Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202509083
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Listed by Century 21 Trident Realty Ltd.
Data was last updated May 9, 2025 at 03:20 AM (UTC)
Area Statistics
Listings on market:
90
Avg list price:
$1,094,500
Min list price:
$369,900
Max list price:
$6,995,000
Avg days on market:
46
Min days on market:
1
Max days on market:
805
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.