About 5571 North Street
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!
Features of 5571 North Street
| MLS® # | 202503730 |
|---|---|
| Price | $1,199,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Acres | 0.07 |
| Year Built | 1967 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 5571 North Street |
|---|---|
| Area | Halifax - Dartmouth |
| Subdivision | N/A |
| City | Halifax |
| County | Halifax |
| Province | NS |
| Postal Code | B3K 1N1 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator |
|---|---|
| Heating | Baseboard |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Walk-Out Access |
Exterior
| Lot Description | Under 0.5 Acres |
|---|---|
| Roof | Tar/Gravel |
| Construction | Vinyl Siding |
| Foundation | Stone |
School Information
| Elementary | St Joseph's - Alexander Mckay Elementary School |
|---|---|
| Middle | Highland Park Junior High School |
| High | Citadel High School |
Additional Information
| Days on Market | 84 |
|---|---|
| Zoning | ER_2 |
Listing Details
| Office | Royal LePage Atlantic |
|---|