Property Description

Fully leased Halifax triplex generating $64,200 in annual gross rental income. The property contains two 2-bedroom units and one 1-bedroom unit, currently rented for $1,850, $1,750 and $1,750 per month. Each unit has in-suite laundry and its own electrical meter, with tenants paying their own electricity and heat. The landlord is responsible for water and the hot-water cost serving two units. Approximately $30,000 in recent improvements has helped create a well-maintained rental property with income already in place. Plans and engineering have been completed for a proposed fourth unit and are available to qualified buyers. Buyers should independently confirm permitting and development requirements. Additional features include a powered detached garage, paved parking for three vehicles, municipal water and sewer, and an approximately 7,200-square-foot lot. The property is within walking distance of Chocolate Lake and approximately eight minutes from the QEII, with convenient access to shopping, transit and amenities. A detailed rent roll, operating expenses and fourth-unit documentation are available upon request. Outside, you've got a detached garage with power, a paved driveway with parking for three, and a spacious yard. The location is another big plus, with Chocolate Lake within walking distance, 8 minutes to the QEII, and shopping and everyday amenities close by. Whether you're adding to an existing portfolio or looking for your first multi-unit investment, this is a property with income in place today and the potential to create even more tomorrow. (id:7434)