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5571 North Street

Halifax, NS B3K 1N1
  • $1,199,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 202503730
UPDATED: 43 min ago
$1,199,000
  • 8
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Built:
1967
Municipality:

School Information

Description

Exceptional investment opportunity awaits at 5571 North Street. This well-maintained multi-unit is priced below recently appraised value, featuring four spacious two-bedroom units, each with in-suite laundry, fully occupied, all on fixed-term leases, ensuring reliable and consistent rental income. Recent upgrades (since 2019) include modernized kitchens with updated appliances, new flooring, wiring, drywall, and paint, along with four brand-new bathrooms, new washers, dryers, and water tanks for each unit, plus updated windows to improve energy efficiency, and the roof (2024). Situated in a high-demand location, this property is a prime addition to any investment portfolio, offering both immediate returns and long-term growth potential. Zoned ER-2, it also provides the opportunity to expand by adding one or two additional units in the basement. Don't miss out on this turn-key investment!

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2025-03-21T12:35:23.08.
www.halifaxareahomesforsale.com/homes/160912978
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5571 North Street Halifax, NS B3K 1N1

  • Price: $1,199,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 43 min ago
  • MLS #: 202503730
8
Beds
0
Baths
0
½ Baths
0.07
Acres
1967
Built
Neighbourhood:
Halifax - Dartmouth
Municipality:
Halifax
Area:
Halifax - Dartmouth
Elementary School:
St Joseph's - Alexander Mckay Elementary School
Middle School:
Highland Park Junior High School
High School:
Citadel High School
Property Description
Exceptional investment opportunity awaits at 5571 North Street. This well-maintained multi-unit is priced below recently appraised value, featuring four spacious two-bedroom units, each with in-suite laundry, fully occupied, all on fixed-term leases, ensuring reliable and consistent rental income. Recent upgrades (since 2019) include modernized kitchens with updated appliances, new flooring, wiring, drywall, and paint, along with four brand-new bathrooms, new washers, dryers, and water tanks for each unit, plus updated windows to improve energy efficiency, and the roof (2024). Situated in a high-demand location, this property is a prime addition to any investment portfolio, offering both immediate returns and long-term growth potential. Zoned ER-2, it also provides the opportunity to expand by adding one or two additional units in the basement. Don't miss out on this turn-key investment!
Exterior Features

Construction Materials Vinyl Siding Foundation Details Stone Garage YN No Lot Features Under 0.5 Acres Other Parking Parking Details(Paved) Parking Features Paved Patio And Porch Features Deck Roof Tar/Gravel Waterfront YN No

Interior Features

Appliances StoveDishwasherDryerWasherRefrigerator Basement FullWalk-Out Access Below Grade Finished Area Units Square Feet Flooring Ceramic TileLaminateVinyl Heating Baseboard Heating YN Yes

Property Features

Additional Parcels YN No Area Major 1-Halifax Central Area Minor N/A Community Features Near Public TransportShoppingPlace of Worship Electric On Property YN Yes Exclusions Tenants Belongings New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Other Equipment No Rental Equipment Ownership Freehold Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Rental Income Yes Sewer Municipal Utilities Electricity Connected Water Source Municipal Zoning ER_2

Listing information © 2025 Nova Scotia Association of Realtors.
Listing provided courtesy of Royal LePage Atlantic.


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2025-03-21T12:35:23.08.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2