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5295 Tobin Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth) : MLS®# 201912231

5295 Tobin Street Halifax B3H 1S3 : 2-Halifax South

Main Photo: 5295 Tobin Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 201912231
$1,145,000
Prop. Type:
Multi-Family
MLS® Num:
201912231
Status:
Active
Year Built:
1899
Opportunity rarely knocks like this! A four-storey triplex with harbour views, located on a quiet street in the heart of the South End Halifax. Tired of traffic and long commutes? Make your home downtown and skip that stress all together! This property is within walking distance to commerce, schools, hospitals, parks, shopping districts, night-life, and all imaginable amenities, perfect for an owner-occupied arrangement with the short and long-term benefits of owning an income property! It has undergone major renovations; in the 90’s it was stripped down to its bones and rebuilt to meet modern codes and efficiencies, and more recently, major upgrades to all finishes and equipment bringing a modern flare while maintaining its historic character. The entire front of the property has been completely redone, all wood and concrete work professionally completed to the point that this vintage late 19th century property is completely restored along with its architectural details. The upper unit is a large, two level, 3 bedroom + office space with plenty of room for couples or even a family; with open concept living on the main floor, high ceilings, convenient deck, working fireplace, 5 appliances, jet tub, central vac, heat pump – and so quiet and above it all, that you’ll forget that you’re living in the city! The other two units are spacious, 1 bedroom self-contained flats with separate entries, washer/dryers, hot-water tanks etc. making them a dream to maintain. All units share a southern exposure with large windows inviting plenty of natural sunlight. They appeal to young professionals as they offer an independent lifestyle while feeling like home in a modern apartment that maintains the old charm. You can live in one unit and rent out the others or take a shot at short-term airbnb arrangements to maximize your earning potential and drastically reduce the cost of downtown living. The property includes 3 parking spaces at the rear within a fenced area.
South St. to Queen St. to Tobin, or Barrington St. to Tobin
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
25 x 36.6
Lot Details:
2260 sq ft
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1899 (Age: 120)
Age:
120
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Ceramic, Hardwood, Porcelain
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Parking:
Yes
Parking Description:
Paved, multiple
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
3
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
$60,000/year
Other Income:
$1800/year - Parking
Approx. Total Income:
$60,000/year
Air Conditioning, Apt Conforming, Balcony, Cable, Central Vac, Dining Room, Family Room, Fireplace(s), Laundry, Power, Sauna, Telephone
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Stove, Dishwasher, Dryer, Washer
None
Deck
No
Zoning:
R2A
Elementary School:
St. Mary'S Education Centre/ Aca
Middle School:
Gorsebrook Junior High School
High School:
Citadel High School
Possession Info:
Negotiable - Subject to Tenancy
Listed Date:
May 29, 2019
Days on Mkt:
18
Data was last updated June 16, 2019 at 03:20 AM (UTC)
Andrew Murray
Angela  Leaman