181 Evans Avenue, Halifax
Price: $ 669000
Opportunity to acquire a well maintained and updated 7 unit Income Property in Fairview. Situated on a large 8000 sf corner lot this building is fully occupied and is currently configured as 2 X Bachelor Units, 1 X 1BR Unit, and 4 X 2BR Units. The building has been continuously and professionally updated with new windows, new siding, renewed/updated kitchens and baths, upgraded flooring and improved common areas. The building also features shared coin-o-matic laundry machines for tenants and it offers ample on-site parking. This centrally located property offers excellent long term value to the next owner. Natural gas lines have already been run to the building should this be of interest in the future. With R-2AM zoning development up to 14 units are permitted in this zone (Buyer to verify and confirm with HRM), therefore, many options exist for the new owner of 181 Evans Avenue. Act now!
- 5-8 Unit
|Total Number of Units:||7|
|Property size||Under 0.5 Acres|
|Title to land||Freehold|
|Approximate total income||60600|
|Approx net income||36059|
Corner of Evans Avenue and Randall Avenue (Titus to Evans or Main Ave. to Gebhardt to Randall).
- Ian MacIntyre, CPA, CA