About 16 Birches Drive
Opportunity to own a positive, cash flowing, building located in a convenient location in Armdale! Walk to Chocolate Lake for a swim. Bus routes to Bayers Lake & Downtown right at your feet. With $96,000 plus of income, this is a great long term hold. 2, 3, and 4 bedroom units with a garage and lots of parking. NOI $77,058 and a cap rate @ 8.5%. Current lease are $1900 uper 2 bedroom periodic lease, lower 2+den 2700 Fixed expires Aug 30, $3400 main floor 4 bedroom Lower Den does not have a window and does not meet egress.
Features of 16 Birches Drive
MLS® # | 202511594 |
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Price | $899,000 |
Bedrooms | 9 |
Acres | 0.17 |
Year Built | 1936 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Closed |
Date Sold | August 15th, 2025 |
Community Information
Address | 16 Birches Drive |
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Area | Halifax - Dartmouth |
District | 8-Armdale/Purcell's Cove/Herring Cove |
Sub-District | 8-A |
City | Halifax |
County | Halifax |
Province | NS |
Postal Code | B3N 1J1 |
Amenities
Utilities | Cable Connected, Phone Connected, Electricity Connected |
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Parking | Driveway, Paved |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Stove, Dryer, Washer, Refrigerator |
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Heating | Baseboard, Furnace |
Fireplace | Yes |
Fireplaces | Fireplace(s) |
# of Stories | 2 |
Has Basement | Yes |
Basement | Finished |
Exterior
Lot Description | Under 0.5 Acres |
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Roof | Asphalt |
Construction | Aluminum Siding, Vinyl Siding |
Foundation | Concrete Perimeter |
School Information
Elementary | Springvale Elementary School |
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Middle | St Agnes Junior High School |
High | Citadel High School |
Additional Information
Zoning | R-1 - RESIDENTIAL LOW DENSITY |
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Listing Details
Office | Exit Realty Metro |
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