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5690, 5688A & B Cabot Street
3-Halifax North Halifax B3K 2J8

$929,900
Multi-Family

Main Photo: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
Photo 1: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
Photo 2: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
Photo 3: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202407071
Attention investors, here's an opportunity to own a great triplex in a desirable area. Walking distance to the shipyard, Kempt Road area and the Hydrostone Market. The building consists of two 2-bedroom units and a 1-bedroom unit. All tenants pay their own power and heat. Paved parking area and lots of street parking available. Low operating costs and lots of room to increase income in the future at market values.
Listing Sub-Area:
3-Halifax North
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
36 x 27 +/- jogs
Lot Size:
3,798.432 sq. ft.
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
3
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Undeveloped
Floor Finish:
Hardwood, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
Paved parking area
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
896.56
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
1
Num 2 Bed Units:
2
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
2
Rental Income:
Yes, 40,488 (projected 2024)
Approx. Net Income:
31,276.59 (projected 2024)
Insurance Expense:
3737.28
Taxes Costs:
4325.38
Maintenace:
252.19
Approx. Total Expense:
9,211.41
Approx. Total Income:
40,488 (projected 2024)
3 fridges, 3 stoves, 2 dishwashers, 2 washers, 2 dryers, wooden shed.
Tenants' belongings, plastic shed.
Golf Course, Park, Playground, Public Transit, Shopping, Marina, Place of Worship
Stove, Dishwasher, Dryer, Washer, Refrigerator
None
Shed
No
Zoning:
ER-2
Elementary School:
St Stephen's Elementary School
Middle School:
Highland Park Junior High School
High School:
Citadel High School
French Imm Elementary School:
St Joseph's - Alexander Mckay El
French Imm Middle School:
Oxford School
French Imm High School:
Citadel High School
Possession Info:
Negotiable
Listed Date:
Apr 13, 2024
Days on Mkt:
35
  • Photo 1: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
    Photo 1 of 3
  • Photo 2: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
    Photo 2 of 3
  • Photo 3: 5690, 5688A & B Cabot Street in Halifax: 3-Halifax North Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202407071
    Photo 3 of 3
Data was last updated May 18, 2024 at 03:20 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$909,950
Min list price:
$239,900
Max list price:
$15,995,000
Avg days on market:
33
Min days on market:
1
Max days on market:
522
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.
Steven Giffin, REALTOR®