214 Spencer Avenue, Halifax, NS

$1,250,000

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12

Beds

About 214 Spencer Avenue

Great investment opportunity w/positive cash flow, in an up-and-coming neighbourhood. Only 15 min drive to downtown Halifax. This building consists of 6 X 2 bedroom units, electrical heat, & tenants cover their own expenses. There is opportunity to increase rents to market level as leases turnover. All units have been recently renovated & among other improvements, all apts contain in-suite laundry very popular with today's renters. All units include 4 appliances w/newer washer & dryers,+each one has an HRV unit. You will see this building is pride of ownership & well-maintained. The back parking lot provides adequate space for each unit. Close to many amenities; shopping, medical, restaurants, transit, parks, & popular green spaces. This would be a strong addition to a savvy investor's portfolio or a 1st time investor looking to build equity. Call today to set up a showing.

Features of 214 Spencer Avenue

MLS® # 202211198
Price $1,250,000
Bedrooms 12
Year Built 1970
Type Residential Income
Sub-Type Multi Family
Status Closed
Date Sold November 25th, 2022

Community Information

Address 214 Spencer Avenue
Area Halifax - Dartmouth
District 7-Spryfield
Sub-District 7-A
City Halifax
County Halifax
Province NS
Postal Code B3R 1S9

Amenities

Utilities Electricity Connected
Parking Gravel, Driveway, Parking Spaces(s), Paved
View Lake
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer, Washer, Refrigerator
Heating Baseboard
Fireplace No
# of Stories 3
Has Basement Yes
Basement Full, Finished

Exterior

Exterior Features Balcony
Lot Description Under 0.5 Acres
Roof Rolled/Hot Mop
Construction Vinyl Siding
Foundation Concrete Perimeter

School Information

Elementary Central Spryfield Elementary School
Middle Rockingstone Heights School
High JL Ilsley High School

Additional Information

Zoning R-2P

Listing Details

OfficeRE/MAX NOVA - 15867

Listing Map