Turnkey 12-Unit Investment Opportunity! Fully renovated from top to bottom in 2021, this four-level multifamily building features 12 self-contained units - 6x1 bedroom and 6x2 bedroom - designed for long-term rental success. Each unit is stylishly finished with granite countertops and six appliances, appealing to today’s discerning tenants. Private decks (for all but the basement units), 15 on-site parking spaces, and access to multiple bus routes further enhance rental appeal and retention. Tenants pay their own electricity, while the owner provides heat and hot water. With fixed-term leases in place, this property offers immediate cash flow and operational stability. As Halifax continues to expand and densify, opportunities like this - fully renovated and income-generating, are increasingly rare. Whether you’re adding to an established portfolio or entering a thriving rental market, this is the kind of property that performs today and appreciates tomorrow.
Titus to Evans
Listing Sub-Area:
6-Fairview
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Building Dimenions:
83 x 30 + 17 x 25
Lot Size:
9,008 sq. ft.837 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
12
Year built:
1965
(Age: 60)
Age:
60
Exterior Finish:
Aluminium Siding, Vinyl
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Ceramic, Laminate
Roof:
Asphalt Shingle
Heating:
Hot Water
Fuel:
Propane
Parking:
Yes
Parking Description:
Parking lot with 15+
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
6379
Sewer:
Municipal
Num Units:
12
Num 1 Bed Units:
6
Num 2 Bed Units:
6
# Of Dishwashers:
12
# Of Dryers:
12
# Of Fridges:
12
# Of Microwaves:
12
# Of Stoves:
12
# Of Washers:
12
Rental Income:
Yes, 265280
Approx. Net Income:
225696
Insurance Expense:
6000
Taxes Costs:
11652
Snow / Garbage Collection:
4200
Heating Bill:
9963
Electricity Bill:
2190
Approx. Total Expense:
40384
Approx. Total Income:
265280
Balcony, Storage
12 sets of appliances - fridge/stove/dishwasher/microwave/washer/dryer
Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
Stove, Dishwasher, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
Data was last updated May 14, 2025 at 07:20 PM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$1,045,000
Min list price:
$369,900
Max list price:
$6,995,000
Avg days on market:
49
Min days on market:
2
Max days on market:
811
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.