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1 Macrae Avenue - INVESTOR DREAM DELIGHT!! Tenants pay their own utilities, allowing to maintain a better control over your cash flow. Each suite shows very well and has been renovated over the last 6 years including but not limited to: hardwood, newer bathrooms, windows, ceramic tile in the kitchens, hallways and bathrooms, individual breaker panels and more. The convenient layout makes the units very attractive therefore keeping the vacancy to a minimum. This neighborly location is at proximity to parks, schools, bus stop, grocery, highway and all amenities necessary to live comfortably. With plenty of parking and a great laundry room common, the current tenant base is very professional and looking to stay long term. Ask your Realtor about a great energy consumption reducing strategy to increase your monthly profit and considerably raise the value of this investment property. Decent Cash on Cash and Cap Rate in this great area of Dartmouth. Do not miss this opportunity to own a solid investment property!! Call text or email today!

Property Details

  • ID: 201728551
  • Year Built: 1971
  • County: Halifax
  • Elementary School: Southdale-North Woodside Elementary School
  • Property ID: 101286261
  • Status: Active
  • High School: Dartmouth High School
  • Style: Multi-Family
  • New Construction: No
  • Middle School: Dartmouth High School

Features

Basement None
COMMUNITY FEATURES Shopping, School Bus Service, Public Transit, Playground, Park, Golf Course
District Manor Park, 12-Southdale
DRIVEWAY/PARKING Gravel
Exterior Finish Vinyl
Flooring Laminate, Hardwood, Ceramic
Foundation Concrete
FUEL TYPE Electric
Garage No
HEATING/COOLING TYPE Space Heater
Other Zoning - R2, Two Bedroom Units - 5, Possession - Negotiable, One Bedroom Units - 1, Number of Rent Units Occ - 6, Lot Size - 6800 Sf, Inclusions - 6 Fridges, 6 Stoves, Garage Details - N/A, Exclusions - Tenants Belongings, Building Dimensions - 70X30, Building Age - 46, Assessment Year - 2017, Approx Year Built - 1971, # Washers - 1, # Stoves - 6, # Fridges - 6, # Dryers - 1
PROPERTY SIZE Under 0.5 Acres
Region Halifax-Dartmouth
RENTAL EQUIPMENT None
Road Public
Roof Asphalt Shingle
SEWAGE DISPOSAL Municipal
Sign No
Sub-District 12-D
Type of Farm 5-8 Units
Water Source Municipal
Waterfront No
Listed By Nick Harvey of CENTURY 21 Trident Realty Ltd.