Office Listings

1524/26 Chestnut Street
2-Halifax South Halifax B3H 3T1

$1,599,000
Multi-Family built: 1921

Main Photo: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 1: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 2: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 3: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 4: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 5: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 6: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 7: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 8: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 9: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 10: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 11: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 12: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 13: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 14: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 15: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 16: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 17: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 18: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 19: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 20: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 21: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 22: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 23: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 24: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 25: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 26: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 27: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 28: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 29: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 30: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Photo 31: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202007974
Year Built:
1921
The crown jewel of triplexes, legal occupancy by the HRM for 19 tenants. Located across the street from Dalhousie University, this well cared for triplex has seen many upgrades throughout the years. Vacancy rates have been next to none since 2004. The triplex consists of a two-story, spacious eight-bedroom main unit renting for $5600 per month. A 5-bedroom basement unit rents for $2500 a month, tenants pay their own heat and electricity. The third and newest unit is comprised of a large 6 bedroom unit receiving $3,600 monthly income, tenants pay heat and electricity. Additional potential income includes renting parking spaces and a heated shed for storage revenues. If you are looking for a well taken care of investment property with low projected capital costs and strong proven revenue streams you do not want to miss this opportunity. Full leased September 2020-September 2021.
Listing Sub-Area:
2-Halifax South
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
32.3 x 51.5
Lot Details:
5300 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1921 (Age: 99)
Age:
99
# Floors:
3
Exterior Finish:
Wood Shingles
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Carpet, Ceramic, Hardwood, Laminate, Tile, Vinyl
Roof:
Tar/Gravel
Heating:
Baseboard
Fuel:
Electric, Oil
Garage Description:
Shed
Parking:
Yes
Parking Description:
Parking for 5+ vehicles.
Driveway:
Concrete
Water Supply:
Municipal
Water And Sewage:
3041.00
Sewer:
Municipal
Num Units:
3
# Of Dishwashers:
2
# Of Dryers:
3
# Of Fridges:
7
# Of Microwaves:
3
# Of Stoves:
2
# Of Washers:
3
Rental Income:
Yes, 140,400
Other Income:
4200.00 Potential
Approx. Net Income:
91,806.42
Insurance Expense:
7096.00
Taxes Costs:
13000.00
Other Costs:
8.239.16
Maintenace:
4000.0
Management expense:
3900.00
Snow / Garbage Collection:
2400.00
Heating Bill:
4399.00
Electricity Bill:
2517.67
Approx. Total Expense:
48,593.58
Approx. Total Income:
140,400
Balcony, Cable, Dining Room, Family Room, Laundry, Main Flr Fam Rm, Multi-Use Rooms, Storage
7 fridges, 2 dishwasher, 3 washers, 3 dryers, 3 TVs, 2 stoves, 3 couches.
Tenant belongings.
Park, Public Transit
Cooktop, Oven, Stove, Dishwasher, Dryer, Washer, Freezer, Microwave, Refrigerator
None
Shed
No
Zoning:
R-2
Elementary School:
Lemarchant-St. Thomas Elementary
Middle School:
Halifax Central Junior High Scho
High School:
Citadel High School
Possession Info:
Negotiable
  • Photo 1: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
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  • Photo 2: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
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  • Photo 3: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 4: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 5: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 6: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 7: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 8: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 9: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 10: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 11: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 12: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 13: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 14: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 15: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 16: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 17: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 18: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 19: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 20: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 21: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 2
  • Photo 22: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 3
  • Photo 23: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 1
  • Photo 24: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 3
  • Photo 25: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 3
  • Photo 26: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 3
  • Photo 27: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Unit 3
  • Photo 28: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Side
  • Photo 29: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Parking
  • Photo 30: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Porch
  • Photo 31: 1524/26 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202007974
    Back

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Listed by Jeremy Snider of Domus Realty Limited
Data was last updated August 8, 2020 at 01:20 AM (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:
47
Min days on market:
3
Max days on market:
92
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.
LIZ MARTIN
LIZ MARTIN
Mobile: 902.219.0316
Beds (Min)
Any
1
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5
Baths (Min)
Any
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Priced between $ & $