This fully rented four units building, built in 2023, offers over 4,750 sq. ft. of finished living space and includes seven parking spots, one of which is a private garage attached to one of the larger units. With all four units currently leased to reliable tenants, this property is a turnkey opportunity for any serious investor. The building generates a gross monthly income of $8,100, totaling $97,200 annually. With low operating costs—tenants cover power, heat, snow removal, and lawn care—the total annual expenses come to just $12,600. This results in a strong net operating income of $84,600 per year. The unit layout includes two large three-bedroom, two-and-a-half-bath units (one with a garage), one two-bedroom, one-bath unit, and one one-bedroom, one-bath unit. Each unit features in-unit laundry, energy-efficient heat pumps, and a full appliance package. Situated on a main road with easy bus access, the property is directly across from a grocery store and conveniently located near schools and daycares. This is a rare chance to acquire a modern, income-producing asset in a prime location with solid returns and minimal overhead. Leases and further details are available upon request.
Data was last updated August 28, 2025 at 05:20 PM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$893,500
Min list price:
$369,900
Max list price:
$5,250,000
Avg days on market:
91
Min days on market:
1
Max days on market:
917
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.