6575 Berlin Street, Halifax (MLS® 201827372)


Overview

MLS ®:201827372
Price:$375,000
Listing Status:Pending
Lot Size:3880 square feet

Building Specs.

Foundation:Concrete
Roof:Asphalt Shingle
Exterior:Vinyl
Floor:Carpet, Hardwood, Laminate, Linoleum

6575 Berlin Street, Halifax (MLS® 201827372 ) What a fantastic opportunity for the first time investor, or for anyone looking to expand their rental portfolio! This legal duplex has been well maintained over the years, with all electrical and plumbing updated in more recent years all in accordance with municipal bylaws. Centrally located in sought after West End Halifax, this duplex sits on a large lot, has parking for two and a lovely backyard with separate basement for storage and utilities. The main flat has two bedrooms, a large living room, quaint kitchen and large dining room as well as its own laundry. The upper flat, which has been recently updated and spruced up, has the same configuration but without the large dining room. Rents are modestly lower than market rent for the area, but the lower tenant is flexible with occupancy and the upper tenant is month to month. The other option would be to remove the furnace and make tenants pay for their own utilities so profit margins improve. Also renovating the main floor unit would do the same. The ultimate point is that this location is second to none and the possibilities are endless in terms of what you can do to improve the property and therefore increase your return!

Listing Courtesy of: Keller Williams Select Realty

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