- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202408472
- Photos (27)
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Exceptional investment opportunity in sought after North End Halifax. 2719 & 2725 Agricola Street offer a lucky investor endless opportunity. A total of 4250 sq ft site area with 108 ft of street frontage. Bonus corner lot! 2719 Agricola contains a legal triplex with fixed term leases featuring 1 bachelor ($1218 monthly), 1 bdrm ($1507 mthly), & 2 bdrm unit ($1850 mthly- under market value and vacant July 1st). Tenants pay heat and power. Solid recent upgrades noted in feature package. 2725 Agricola is a 900 sq ft shop leased for $3950 mthly. 4-5 parking spots in rear. Excellent multi family development site opportunity. Seller has Design Proposal from Starling Architects from 2021 for mixed-use development project with ground floor commercial units & residential units on 3 upper stories (new zoning changes since that time allows for higher density). What an opportunity!
- Listing Sub-Area:
- 1-Halifax Central
- Property Type:
- Multi-Family
- Multi-Family Type:
- Other
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular (Triplex) 33x29-jog (Store)
- Lot Size:
- 4,251.456 sq. ft.
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 3
- Exterior Finish:
- Wood Shingles, Vinyl
- Foundation:
- Block, Concrete
- New Constr.:
- No
- Basement:
- Crawl Space, Full, Undeveloped
- Floor Finish:
- Carpet, Hardwood, Laminate, Softwood, Vinyl
- Roof:
- Asphalt Shingle, Other
- Heating:
- Baseboard, Furnace, Heat Pump -Ductless, Hot Water
- Fuel:
- Electric, Oil
- Garage Description:
- None
- Parking:
- Yes
- Parking Description:
- 4-5 car - One allotted to Triplex, 4 for shop.
- Driveway:
- Parking Spaces(s), Paved
- Water Supply:
- Municipal
- Water And Sewage:
- $1,626
- Sewer:
- Municipal
- Num Units:
- 4
- Num Bachelor Units:
- 1
- Num 1 Bed Units:
- 1
- Num 2 Bed Units:
- 1
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- Rental Income:
- Yes, $8,525/Month, $102,300/Year
- Insurance Expense:
- $4,479
- Taxes Costs:
- $22,586
- Snow / Garbage Collection:
- Tenants
- Heating Bill:
- Tenants
- Electricity Bill:
- Tenants
- Approx. Total Expense:
- $24,585.25
- Approx. Total Income:
- $8,525/Month, $102,300/Year
- Air Conditioning, Apt Conforming, Balcony
- fridge x3, stove x3
- tenant's possessions
- Park, Playground, Public Transit, Recreation Center, Shopping
- Stove, Refrigerator
- None
- Deck
- No
- Zoning:
- COR
- Elementary School:
- St Joseph's - Alexander Mckay El
- Middle School:
- Highland Park Junior High School
- High School:
- Citadel High School
- French Imm Elementary School:
- St Joseph's - Alexander Mckay El
- French Imm Middle School:
- Oxford School
- French Imm High School:
- Citadel High School
- Possession Info:
- ASAP, prior to June 20th
-
What an opportunity -
108 ft of street frontage
-
4250 sq. ft. lot
-
2725 Agricola - Store
-
878 sq. ft.
-
Leased for $3950 monthly
-
Show beautifully
-
2719 Triplex - Upper 1 bdrm
-
Fixed term lease ($1507/month)
-
Beautiful character
-
All tenants pay heat & power
-
457 sq. ft.
-
2719 Triplex - Main level 2 bd
-
Gorgeous character
-
Mostly new exterior doors
-
Will be vacant July 1
-
Currently rented for $1850
-
911 sq. ft.
-
Photo 19 of 27
-
2719 Triplex - Upper bachelor
-
433 sq. ft.
-
Fixed term lease ($1218/month)
-
Rear balcony & direct entry
-
Photo 24 of 27
-
4-5 car rear parking
-
Excellent development site
-
Parking off Ontario Street
Virtual Tour
Listed by Royal LePage Atlantic
Data was last updated May 19, 2024 at 07:20 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $894,500
- Min list price:
- $649,900
- Max list price:
- $5,699,000
- Avg days on market:
- 43
- Min days on market:
- 10
- Max days on market:
- 90
These statistics are generated based on the current listing's property type
and located in
1-Halifax Central. Average values are
derived using median calculations.
- Sandra Chaisson FRI
- Royal LePage Atlantic
- (902) 452-9675
- sandra@sellingmetro.com
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SANDRA CHAISSON REALTOR®
7071 Bayer Road
Halifax, NS B3L 2C2