11 Melwood Avenue, Halifax
11 Melwood Avenue, Halifax
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4 Photos
- MLS®: 202407075
- Added: 19 days ago
Property Details
Take note investors, here is a great revenue stream that is extremely easy to rent. This property borders on Chocolate Lake Park & Beach. With easy access through the backyard to the park, beach, playground and basketball courts you can see why this is such a desirable location. The property consists of three 3-bedroom apartments and one bachelor loft apartment. Renovations have been completed on the 3-bedroom apartments within the last few years. The top floor bachelor apartment had a rear deck added with a great view of Chocolate Lake. There is also a coin operated laundry room on site. (id:1945)
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Property Information
- Sewer: Municipal sewage system
- List AOR: NSAR
- Flooring: Tile, Hardwood, Laminate
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
- Directions: Herring Cove Road to Melwood Avenue.
- Photos Count: 4
- Water Source: Municipal water
- Lot Size Units: acres
- Parcel Number: 00250357
- Structure Type: Fourplex
- Common Interest: Freehold
- Parking Features: Parking Space(s)
- Exterior Features: Vinyl
- Community Features: Recreational Facilities
- Foundation Details: Concrete Perimeter
- Lot Size Dimensions: 0.1653
Features
- Roof: Asphalt Shingle
- Other: Community Features: Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Marina, Place of Worship, Foundation: Concrete, Inclusions: 4 stoves, 4 fridges, 3 dishwashers, coin operated washer, coin operated dryer., Exclusions: Tenants' belongings, 1 Bachelor, 3 Three Bedroom, 4 Occupied, Rental Income: 78,432 (projected 2024), Laundry Income: 3600 (projected 2024), Approximate Total Income: 82032 (projected 2024), Insurance Expense: 2734, Maintenance Expense: 6755.87, Water and Sewage Expense: 2328.64, Heating Bill: 8533.48, Electricity Bill: 1209.14, Taxes Costs: 5748.03, Approximate Total Expenses: 27,309.16, Approximate Net Income: 54,722.84 (projected 2024)
- Heating: Oil, Baseboard, Hot Water
- Appliances: 4 Stoves, 4 Fridges, 3 Dishwashers, 1 Washers, 1 Dryers
- Interior Features: Flooring: Hardwood, Laminate, Tile
- Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal
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