5533 Atlantic St
- Type: Multifamily
- Style: Duplex
- Garage: "Driveway/Parking: Paved and gravel"
- Lot Size: n/a "3100"
- Year Built: 1900
- MLS ® #: 202010267
- Basement: Yes "Partially Developed"
The hardest decision you’ll have with this amazing income property is deciding which of the gorgeously renovated flats you’ll want to keep for yourself. After all they each have their own front and back doors with separate driveways. Not to mention the extensive renovations in each unit. I’m talking updated kitchens, bathrooms, paint, plumbing, electrical and more. Seriously, all the work has been done so you can focus on managing your Airbnb reservations. Hello extra income! Your tenants will love the century charm that comes with the large windows, high ceilings and white wash of paint throughout each unit. The heat pump will also be a great draw for keeping them cool in the summer and warm in the winter. Each unit also includes its own access to the shared laundry room in the basement. This set of flats is perfectly located close to everything in downtown Halifax – universities, shopping, restaurant, hospitals, and Point Pleasant Park. That’s a big draw for both long and short-term rentals. Making it an easy sell for everyone from mature students and medical professionals to visitors and business travellers. Either way it’s an irresistible income opportunity that is a super hot listing in the current Halifax market. Let’s go take a look before someone else does.
Interior Features: Flooring: Ceramic, Hardwood, Laminate, Marble
Exterior Finish: Vinyl
Heating: Electric, Baseboard, Heat Pump -Ductless
Extra Features: Fireplace(s)
Community Features: Park, Playground, Public Transit, Shopping
Inclusions: Stove x2, Dishwasher x2, Fridge x2, washer, dryer, water meter, Exclusions: All furniture including mirror above fireplace in lower unit. All lighting fixtures in upper level to be excluded.
1 One Bedroom, 1 Two Bedroom, 2 Occupied
Rental Income: $34,215.00, Approximate Total Income: $34,215.00, Insurance Expense: $1,372.56, Water and Sewage Expense: $1,002.93, Other Costs: $420.00, Taxes Costs: $4,803.14, Approximate Total Expenses: $7,598.63, Approximate Net Income: $26,616.37
Appliances: 2 Stoves, 2 Fridges, 2 Dishwashers, 1 Washers, 1 Dryers
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal
Roof: Asphalt Shingle
Brokered and Advertised by :
Royal LePage Atlantic
Information is deemed to be correct but not guaranteed.
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