Menu
181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue 181 181 Evans Avenue

181 Evans Avenue, Halifax

Price: $ 669000

Description

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!​

Property Type:

  • 5-8 Unit
MLS® #:201725693
PID:00322404
Total Number of Units:7

Property Details

District6-Fairview
Property sizeUnder 0.5 Acres
Building age52
Exterior
  • Vinyl
Foundation
  • Concrete
  • Slab
Roof
  • Asphalt Shingle
Heating
  • Oil
  • Baseboard
  • Hot Water
Features
  • Apt Conforming
Driveway
  • Paved
  • Multi
Garage type
  • None
Water
  • Municipal
Sewer
  • Municipal
ZoningR-2AM
Title to landFreehold

Multi-Units

Bachelor2
One Bedroom1
Two Bedroom4

Inclusions

Stoves Included7
Fridges Included7

Estimate Income

Rental income59820
Approximate total income60600
Approx net income36059
*All information provided is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind."

Directions

Corner of Evans Avenue and Randall Avenue (Titus to Evans or Main Ave. to Gebhardt to Randall).

Ian MacIntyre, CPA, CA MacIntyre, CPA, CA