109-111 Crown Drive
8-Armdale/Purcell's Cove/Herring
Halifax
B3N 1L2
$709,000
Multi-Family
built: 1973
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202206896
- Year Built:
- 1973
- Photos (23)
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A well maintained upgraded legal 2 units property with opportunity to grow. With R3 zoning, it allows stacked-attached housing. The central location makes it convenient to everywhere and very easy to rent. There are a lot of upgrades have been done to this property recently includes: roof shingles, vinyl windows, siding, laminate flooring, two new ductless heat pumps, two 100 amp electrical panels, new isolation in the ceiling and side wall, Roth oil tank and two new sets of washer and dryer. The main level of the home offers an eat-in kitchen, spacious living room with oversized window, 3 bedrooms are all in good size with large closets, full bathroom and back porch/additional side entrance. The lower level was extensively renovated second unit with its own entrance. It comes with a kitchen, living room, and 2 large bedrooms with a full bathroom. A spacious laundry room and storage is shared and can be accessed by both units. Upper unit is currently rent for $1,900 a month. Lower unit is currently vacant but it was rented for $1,600 a month. It generates about $35,000 net income a year. This is a great choice for your investment portfolio!
- Listing Sub-Area:
- 8-Armdale/Purcell's Cove/Herring
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Building Dimenions:
- 26.3X28 + 1.4x9
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 1
- Year built:
- 1973 (Age: 49)
- Age:
- 49
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed, Walkout
- Floor Finish:
- Laminate, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Heat Pump -Ductless, Hot Water, Ductless Cooling
- Fuel:
- Electric, Oil
- Parking:
- Yes
- Parking Description:
- Double paved parking
- Driveway:
- Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 1697
- Sewer:
- Municipal
- Num Units:
- 2
- Num 2 Bed Units:
- 1
- Num 3 Bed Units:
- 1
- # Of Dryers:
- 2
- # Of Fridges:
- 2
- # Of Stoves:
- 2
- # Of Washers:
- 2
- Rental Income:
- Yes, 42000
- Approx. Net Income:
- 34,893
- Insurance Expense:
- 2400
- Taxes Costs:
- 3009
- Approx. Total Income:
- 42000
- Laundry
- Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping
- Range - Electric, Dryer - Electric, Washer, Refrigerator
- None
- No
- Zoning:
- R-3
- Elementary School:
- Springvale Elementary School
- Middle School:
- St Agnes Junior High School
- High School:
- Citadel High School
- Possession Info:
- Negotiable
- Listed Date:
- Apr 13, 2022
- Days on Mkt:
- 73
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Larger map options:
Data was last updated June 25, 2022 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 99
- Avg list price:
- $795,000
- Min list price:
- $149,900
- Max list price:
- $4,999,900
- Avg days on market:
- 30
- Min days on market:
- 1
- Max days on market:
- 315
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- Fan Yang
- Bedford
- 902-402-4876
- Contact by Email