2571 / 2573 Joseph Street
4-Halifax West Halifax B3L 3H3

$779,900
Multi-Family built: 1941

Main Photo: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 1: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 2: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 3: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 4: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 5: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 6: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 7: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 8: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 9: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 10: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 11: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Photo 12: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202406764
Year Built:
1941
Take advantage of this exceptional opportunity to invest in two spacious 3-bedroom over/under flats with in-unit laundry and a convenient location near various amenities. These flats have been well-maintained with several updates over the years, including new vinyl windows in 2015, a new oil tank in 2020, two new water heaters in 2019, roof shingles replaced in 2009, and upgraded hot air furnaces in 2007 and 2017, among other improvements. The price includes all appliances, simplifying the investment process. Currently, the landlord covers the cost of oil, but there's potential to increase revenue by installing a second oil tank and having tenants cover the oil expenses. This is a rare opportunity to acquire a reliable income property with potential for added value through strategic adjustments.
Listing Sub-Area:
4-Halifax West
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
42 x 22.5 + 9x5
Lot Size:
3,301.848 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Year built:
1941 (Age: 83)
Age:
83
Foundation:
Concrete
Basement:
Crawl Space
Floor Finish:
Ceramic, Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Forced Air
Fuel:
Oil
Parking:
Yes
Parking Description:
2-3 vehicles
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
$1,909.94
Sewer:
Municipal
Num Units:
2
Num 3 Bed Units:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, $58,950
Approx. Net Income:
$43,580.59
Insurance Expense:
$3,597.00
Taxes Costs:
$5,545.92
Heating Bill:
$4,316.55
Approx. Total Expense:
$15,369.41
Approx. Total Income:
$58,950
None
No
Zoning:
R2
  • Photo 1: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 1 of 12
  • Photo 2: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 2 of 12
  • Photo 3: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 3 of 12
  • Photo 4: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 4 of 12
  • Photo 5: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 5 of 12
  • Photo 6: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 6 of 12
  • Photo 7: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 7 of 12
  • Photo 8: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 8 of 12
  • Photo 9: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 9 of 12
  • Photo 10: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 10 of 12
  • Photo 11: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 11 of 12
  • Photo 12: 2571 / 2573 Joseph Street in Halifax: 4-Halifax West Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202406764
    Photo 12 of 12
Listed by City St Realty
Data was last updated April 29, 2024 at 07:20 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$990,000
Min list price:
$239,900
Max list price:
$15,995,000
Avg days on market:
27
Min days on market:
3
Max days on market:
503
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.