5562 & 5564 North Street

Halifax – Central
$470,000

MLS® Number

202104793

Property Type

Triplex

Structure Style

Triplex

Zoning

R2

5562 & 5564 North Street, Halifax NS - MLS<sup>®</sup>: # 202104793

Property Specifications

Lot size 2,244 sqft

$470,000 CAD

Convert to USD

5562 & 5564 North Street

Halifax – Central

Here's a unique opportunity... 2 separate buildings on one PID with three, 2 bedroom units under 500k! 5562 North St is a classic, victorian set of over/under flats with two, 2 bedroom, 1 bathroom units. Both units are large and have great character. 5564 North St is a free standing bungalow with 2 bedrooms and 1 bathroom. Both properties are easy to rent with very few vacancies. There's a shared backyard space for all units as well. This property is in the heart of Central Halifax and has easy access to all amenities with a great walk score and directly on numerous bus routes. Current rents: 5562 North St (Upper Unit $900 / Lower Unit $1100). 5564 North St (Bungalow Unit $1000). 5564 North pays their own NS Power, heat (electric baseboard) and hot water. 5562 North units pay their own NS Power and heat is paid by the owner (oil, forced air). Annual gross income is $36,000 and annual net income is currently $21,530 with tons of potential to grow!

Halifax Central

This area of Halifax is one of the most desirable locations to live and work with many new developments taking place. There are plenty of restaurants, places to shop, walk, and enjoy in this constantly changing community on the Halifax Peninsula. Nearby you'll find the famous Halifax Common, the Emera Skating Oval, and much more.

Verve REALTOR®

REALTOR® Michael Walling

Michael Walling

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Directions to 5562 & 5564 North Street

North St just above Creighton St

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Property Details

Building Age 114 years
Roof Asphalt Shingle
Exterior Vinyl, Wood Siding
Flooring Ceramic, Hardwood, Linoleum
Heating Electric, Oil, Baseboard, Forced Air
Basement Undeveloped
Foundation Stone
Driveway None
Garage
Appliances 3 fridges and 3 stoves
Rental Equipment None
Land Features
Other Features
Waterfront
Water Access
Utilities
Water Municipal
Sewer Municipal
Community Features
Schools

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2021-03-15T00:00:00-03:00 2021-04-12T19:17:26-03:00