- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202400150
- Photos (8)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Incredible investment opportunity in Windsor with opportunity to increase value with cosmetic renovations and income lift! This package deal includes; 3 Duplexes and a 3 bedroom house (266 Gerrish, 260/262 Gerrish, 223/225 Gerrish and 30 Victoria Street)! All units are well kept with lots of new upgrades such as new kitchens and new heat pumps as well as, freshly painted.266 Gerrish has just been redone with over $30k in renovation interior work. Attractive rent cap at 9.3%! 260 Gerrish bottom unit and 223 Gerrish are vacant, clean and move in ready all remaining units except 225 Gerrish are on fixed term leases. Seller is motivated to sell and is also open to share sale as well as having the option of an assumable mortgage. open to share sale as well as having the option of an assumable mortgage.
- Listing Sub-Area:
- Hants County
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 41.5x19 + 19x26 + 35x20
- Lot Size:
- 11,674.08 sq. ft.
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 7
- Exterior Finish:
- Brick, Wood Shingles, Vinyl
- Foundation:
- Concrete, Stone
- New Constr.:
- No
- Basement:
- Undeveloped
- Floor Finish:
- Hardwood, Laminate, Tile, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless, Radiator
- Fuel:
- Electric, Oil
- Parking:
- Yes
- Parking Description:
- Parking is provided for 266 260/262 and 30 Victoria
- Driveway:
- Gravel
- Water Supply:
- Municipal
- Water And Sewage:
- $3987
- Sewer:
- Municipal
- Num Units:
- 7
- Num 1 Bed Units:
- 2
- Num 2 Bed Units:
- 1
- Num 3 Bed Units:
- 4
- # Of Dryers:
- 7
- # Of Fridges:
- 7
- # Of Stoves:
- 7
- # Of Washers:
- 7
- Rental Income:
- Yes, Average $1241.19
- Approx. Net Income:
- $86,549
- Insurance Expense:
- $4101
- Taxes Costs:
- $7680
- Maintenace:
- 3734.0
- Management expense:
- $5182
- Snow / Garbage Collection:
- $2400
- Heating Bill:
- $4634
- Approx. Total Expense:
- $39,870
- Approx. Total Income:
- $126,420
- Air Conditioning
- Stove, Dryer, Washer, Refrigerator
- None
- No
- Zoning:
- R2
- Possession Info:
- Negotiable
-
Photo 1 of 8 -
Photo 2 of 8
-
Photo 3 of 8
-
Photo 4 of 8
-
Photo 5 of 8
-
Photo 6 of 8
-
Photo 7 of 8
-
Photo 8 of 8
Listed by RE/MAX Nova (Halifax) and Royal LePage Atlantic
Data was last updated May 19, 2024 at 05:20 PM (UTC)
Area Statistics
- Listings on market:
- 38
- Avg list price:
- $499,900
- Min list price:
- $199,000
- Max list price:
- $5,525,000
- Avg days on market:
- 68
- Min days on market:
- 5
- Max days on market:
- 543
These statistics are generated based on the current listing's property type
and located in
Annapolis Valley. Average values are
derived using median calculations.
- Sandra Chaisson FRI
- Royal LePage Atlantic
- (902) 452-9675
- sandra@sellingmetro.com
.jpg)
SANDRA CHAISSON REALTOR®
7071 Bayer Road
Halifax, NS B3L 2C2