Our Agents' Listings

5784/5786 TOWER Terrace
2-Halifax South Halifax B3H 1R5

$1,850,000
Multi-Family built: 1996

Front of both buildings
Photo 1: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 2: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 3: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 4: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 5: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 6: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 7: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 8: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 9: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 10: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 11: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 12: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 13: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 14: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 15: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 16: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 17: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 18: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 19: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 20: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 21: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 22: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 23: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 24: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 25: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 26: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 27: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 28: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 29: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Photo 30: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202007403
Year Built:
1996
Great Investment Opportunity in South End Halifax! This FOURPLEX includes a four story apartment building with large 3 x 3 bedroom units plus a Circa 1861 4 bedroom two story house. Both buildings have been extensively renovated and are always fully rented being in high demand location. 3 units are over 1500 sq each with hardwood floors and each have in-unit washer and dryer, storage locker and their own balconies. Top unit has upper top deck.The building has sprinkling system and back stairs were recently replaced. The 2 story house is separate from the building and has its own front and back entrance. The back parking lot is used as parking but it could also be developed further. All units are rented and leases can be provided upon request. Tenants pay utilities except the water. Condominium conversion plan has been approved and it is an option for this fourplex.
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
33x57 +20x42 (house)
Lot Details:
6.522 sq ft
Outside Dimenions:
33'x57' +20'x42' (house)
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1996 (Age: 24)
Age:
24
Exterior Finish:
Brick, Concrete, Stone, Vinyl, Wood Siding
Foundation:
Concrete, Stone
Basement:
Undeveloped
Floor Finish:
Ceramic, Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard, Furnace
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
7 car parking behind the building
Driveway:
Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
2700
Sewer:
Municipal
Num Units:
4
Num 3 Bed Units:
4
# Of Dishwashers:
4
# Of Dryers:
4
# Of Fridges:
4
# Of Microwaves:
4
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Yes, 101820.00
Approx. Net Income:
81310.79
Insurance Expense:
1200
Taxes Costs:
15074
Other Costs:
Eastlink 35.21
Electricity Bill:
1500
Approx. Total Expense:
20509.21
Approx. Total Income:
101820.00
Balcony, Locker, Storage
4 Fridges, 4 stoves, 4 dishwashers, 4 washers, 4 dryers, 4 microwaves
Park, Public Transit
Stove, Dishwasher, Dryer - Electric, Washer, Microwave, Refrigerator
None
No
Zoning:
R2-A
Elementary School:
Inglis Street Elementary School
Middle School:
Gorsebrook Junior High School
High School:
Citadel High School
Possession Info:
Negotiable pending current leases
Listed Date:
May 08, 2020
Days on Mkt:
96
  • Photo 1: 5784/5786 TOWER Terrace in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007403
    Front of both buildings
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    Back parking lot
Larger map options:
Data was last updated August 12, 2020 at 05:20 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,395,000
Min list price:
$759,900
Max list price:
$2,149,000
Avg days on market:
40
Min days on market:
2
Max days on market:
96
These statistics are generated based on the current listing's property type and located in 2-Halifax South. Average values are derived using median calculations.
Patricia Roberts