5562 & 5564 North Street

Multi-family For Sale in Halifax, Nova Scotia

Here's a unique opportunity... 2 separate buildings on one PID with three, 2 bedroom units under 500k! 5562 North St is a classic, victorian set of over/under flats with two, 2 bedroom, 1 bathroom units. Both units are large and have great character. 5564 North St is a free standing bungalow with 2 bedrooms and 1 bathroom. Both properties are easy to rent with very few vacancies. There's a shared backyard space for all units as well. This property is in the heart of Central Halifax and has easy access to all amenities with a great walk score and directly on numerous bus routes. Current rents: 5562 North St (Upper Unit $900 / Lower Unit $1100). 5564 North St (Bungalow Unit $1000). 5564 North pays their own NS Power, heat (electric baseboard) and hot water. 5562 North units pay their own NS Power and heat is paid by the owner (oil, forced air). Annual gross income is $36,000 and annual net income is currently $21,530 with tons of potential to grow! (id:4069)
Address 5562 & 5564 North Street
List Price $435,000
Property Type Multi-family
Type of Dwelling Triplex
Area Nova Scotia
Sub-Area Halifax
Year Built 1907
MLS® Number 202104793
Listing Brokerage Exit Realty Metro
Postal Code B3K1N2

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Avalon Realty Ltd.

PO Box 8651 Halifax Halifax NS B3K 5M3

Office: 902 221 4740

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