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1624 & 1626 Edward Street
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1624 & 1626 Edward Street offers any buyer an opportunity to own an over/under duplex property in a high demand area of Halifax. Situated close...
My Listings
56 Hillcrest Avenue
25-Sackville
Lower Sackville
B4C 1X1
$899,900
Multi-Family
built: 1972
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202203479
- Year Built:
- 1972
- Photos (4)
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56 Hillcrest is a rare multi-unit investment opportunity in Lower Sackville - a 5 Unit building with a 5+% Cap rate. Whether you want to owner occupy a unit or pick up a solid investment property, 56 Hillcrest Ave is a great find. Upgrades include: 16 windows (2012), 8 new exterior doors (2020), renovated lower unit (2022), extensive fire code proofing (2012), 200 Amp electrical panel upgrade (2021), All units have updated electrical panels, heaters and appliances, exterior and interior laundry room security cameras, plus much more. Current owners have put over $160,000 in upgrades into the building. Units 1-4 are 2 bedroom units at 706 sq/ft each. The lower unit is 925 sq/ft and has two bedrooms. This unit could be reconfigured for a commercial office space or meeting area. Close to all amenities - shopping, schools, bus transportation. Make a new investment today at 56 Hillcrest Avenue in Lower Sackville.
- Listing Sub-Area:
- 25-Sackville
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 51.6 x 29.6
- Outside Dimenions:
- 51.6 x 29.6
- Lot Size:
- 8,712 sq. ft.809.371 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 5
- Year built:
- 1972 (Age: 50)
- Age:
- 50
- Exterior Finish:
- Vinyl, Wood Siding
- Foundation:
- Block, Concrete
- Basement:
- Fully Developed, Walkout
- Floor Finish:
- Laminate, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric, Oil
- Garage Description:
- N/A
- Parking:
- Yes
- Parking Description:
- 6-8 vehicles - 2 double paved driveways
- Driveway:
- Double, Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 1320
- Sewer:
- Municipal
- Num Units:
- 4
- Num 2 Bed Units:
- 5
- # Of Dishwashers:
- 3
- # Of Dryers:
- 1
- # Of Fridges:
- 5
- # Of Microwaves:
- 0
- # Of Stoves:
- 5
- # Of Washers:
- 2
- Rental Income:
- Yes, 57600
- Laundry Income:
- 1800
- Approx. Net Income:
- 47800
- Insurance Expense:
- 2940
- Taxes Costs:
- 3900
- Other Costs:
- 1200
- Maintenace:
- 800.0
- Heating Bill:
- 900
- Electricity Bill:
- 600
- Approx. Total Expense:
- 11660
- Approx. Total Income:
- 59400
- Laundry
- All appliances
- Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Refrigerator
- None
- No
- Zoning:
- R-1
- Elementary School:
- Hillside Park Elementary School
- Middle School:
- AJ Smeltzer Junior High School
- High School:
- Sackville High School
- French Imm Elementary School:
- Cavalier Drive School
- French Imm Middle School:
- AJ Smeltzer Junior High School
- French Imm High School:
- Sackville High School
- Possession Info:
- Negotiable
- Listed Date:
- Mar 03, 2022
- Days on Mkt:
- 87
Larger map options:
Data was last updated May 29, 2022 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 89
- Avg list price:
- $799,000
- Min list price:
- $329,900
- Max list price:
- $4,999,900
- Avg days on market:
- 27
- Min days on market:
- 3
- Max days on market:
- 289
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- GLENN BREEN
- EXIT REALTY METRO
- 1 (902) 4787566
- Contact by Email