6299 Payzant Avenue, South End, NS (MLS® 202204486) Multi Family For Sale

6299 Payzant Avenue, South End, NS, B3H 2B2
MLS® # 202204486


$999,900

6299 Payzant Avenue, South End, NS (MLS® 202204486): Prime south end property, built in the 1960`s, tongue and groove construction. This legally R-2 zoned family home or investment property is just a 3 minute walk to Dalhousie university and Kings college! It also has a pending permit for a secondary suite as a legal triplex with 3 parking spaces and and secondary suite in process for HRM. There will be 2 bedrooms in the main unit, 4 bedrooms in the basement unit and 3 bedrooms in the second floor unit. Perfect for a new owner to occupy 1 unit and have two rental units - The property also has a large backyard for gardening and well landscaped front yard! Incomes covers the mortgage and expenses while also brining in a strong IRR (Internal Rate of Return.) Rents are currently $850 a bedroom plus utilities or $2000 and $2300 a unit plus utilities. All tenants are students and will be moved out and graduated by the end of April! Payzant is also a quiet street in a busy area and great neighbours! Upgrades all new windows (2018. Separation wall built to increase to 5 legal bedrooms. Secondary suite projects will also bring in some more units. Existing shed able to be changed into Greenhouse and fenced backyard for great for pets. Come and see this hidden gem in the South End great for a family home or a investment opportunity!

Listing Courtesy of: RE/MAX NOVA - 15867

Inclusions: 3 fridges, 3 washers & dryer, 3 stove, 3 dishwashers

Features

Community Features


Schools

TypeName
Elementary SchoolLemarchant - St Thomas Elementary School
Middle SchoolHalifax Central Junior High School
High SchoolCitadel High School
Elementary School (Fr. Imm.)Lemarchant - St Thomas Elementary School
Middle School (Fr. Imm.)Gorsebrook Junior High School
High School (Fr. Imm.)Citadel High School

Demographics for 6299 Payzant Avenue, South End, NS (MLS® 202204486)

Census Year: 2016

12090330
  • Subdivision Name: Halifax
  • Population Count: 357
  • Private Dwellings Count: 228
  • Land Area: 0.31 Km2

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