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8 Bakers Drive in Halifax: 8-Armdale/Purcell`s Cove/Herring Cove Multi-Family for sale (Halifax-Dartmouth) : MLS®# 201910136

8 Bakers Drive Halifax B3N 1S9 : 8-Armdale/Purcell`s Cove/Herring Cove

Main Photo: 8 Bakers Drive in Halifax: 8-Armdale/Purcell`s Cove/Herring Cove Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 201910136
$515,000
Prop. Type:
Multi-Family
MLS® Num:
201910136
Status:
Active
Year Built:
1940
Welcome to 8 Bakers Drive! LEGAL TRIPLEX. This beautiful home is located near Chocolate Lake, is only a minute away from the Armdale Roundabout and has been owned by the same family since 1978. Located in a quiet, charming neighbourhood, yet only a ten minute drive to downtown Halifax. There are three units; the main house has four bedrooms and two full bathrooms and there are also two additional one-bedroom apartments. The current owner lives in the main house, which boasts three levels, lots of hardwood floors, a marble & oak fireplace, and a big, beautiful backyard & deck, which are ideal for summer entertaining. The two apartments are occupied by long-term, reliable tenants and have their own kitchens, bathrooms and living rooms. The combined monthly rent collected is $1,475.00. Upgrades and Improvements: Upgraded electrical panels; Renovated basement laundry area in 2014 including new washer & dryer; New roofing and sheathing in 2015; New main-floor full bathroom in 2016; and New hardwood in 2018/2019, including family room, stairs, upper hallway and all three upstairs bedrooms. Don’t miss out on this opportunity!
St. Margaret's Bay Road to Bakers Drive. House is on the left.
Listing Sub-Area:
8-Armdale/Purcell`s Cove/Herring Cove
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
44 x 39
Lot Details:
5,000 square feet
Outside Dimenions:
44 x 39
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1940 (Age: 79)
Age:
79
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Carpet, Cork, Hardwood, Linoleum, Tile
Roof:
Asphalt Shingle
Heating:
Fireplace, Furnace, Radiant
Fuel:
Oil, Wood
Parking:
Yes
Parking Description:
Enough space for 3 cars plus street parking
Driveway:
Concrete, Gravel, Paved
Water Supply:
Municipal
Water And Sewage:
$200 per three months
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
3
# Of Dryers:
1
# Of Fridges:
3
# Of Microwaves:
1
# Of Stoves:
3
# Of Washers:
1
Rental Income:
Yes, 17700
Approx. Net Income:
N/A
Insurance Expense:
1460
Taxes Costs:
$5,000
Other Costs:
Bell Aliant
Management expense:
N/A
Snow / Garbage Collection:
N/A
Heating Bill:
$500 per month
Electricity Bill:
$200 per month
Approx. Total Expense:
will discuss
Approx. Total Income:
17700
Cable, Dining Room, Ensuite Bath, Fireplace(s), Laundry
3 stoves, 3 fridges, 1 microwave, 1 washer, 1 dryer
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Ski Hill, Marina
Oven, Stove, Dishwasher, Dryer, Microwave Rng Hd Combo, Refrigerator
None
Deck
No
Legal Non Conforming Use for 3-unit dwelling with Zoning Confirmation Letter from HRM on file. Zoning is actually R-1.
Assessment:
420400.0
Assessment Year:
2019
Zoning:
R-4
Elementary School:
Springvale Elementary School
Middle School:
St. Agnes Junior High School
High School:
Citadel High School
Possession Info:
Negotiable
Listed Date:
May 10, 2019
Days on Mkt:
136
Data was last updated September 22, 2019 at 11:20 PM (UTC)
Tyler Redding
Al Chiasson