Office Listings

1524/1526 Chestnut Street
2-Halifax South Halifax B3H 3T1

$1,799,000
Multi-Family built: 1922

Street view exterior
Photo 1: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 2: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 3: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 4: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 5: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 6: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 7: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 8: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 9: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 10: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 11: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 12: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 13: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 14: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 15: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 16: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 17: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 18: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 19: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 20: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 21: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 22: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 23: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 24: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 25: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 26: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 27: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 28: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 29: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 30: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Photo 31: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
Status:
Pending
Prop. Type:
Multi-Family
MLS® Num:
202200036
Year Built:
1922
Centrally located Triplex with legal occupancy for 19 tenants. Situated next to Dalhousie the apartments have gone years without a vacancy. The units have been well-cared for undergoing many upgrades in recent years. Each apartment is spacious, consisting of open concept kitchen dining and living rooms with large well-designed bedrooms. The main unit is a two-story, eight-bedroom 2 & 1/2 bath currently renting for $6375 per month. The down-stairs unit consists of 5-bedroom with 2 full baths the kitchen and bath have been updated and is currently renting for $3170 per month. The upstairs third unit is a six-bedroom 2 full bath currently renting for $3880 per month. For this unit the tenants pay 2/3 of the heat and electricity. All three self-contained units have their own laundry. Internet and living room furniture are included with rent. Additional potential income includes a heated shed which can be rented as a storage area. If you are looking for a well taken care of investment property with strong revenues and upside this is a must view.
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
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1922 (Age: 100)
Age:
100
# Floors:
3
Exterior Finish:
Wood Shingles
Foundation:
Concrete
New Constr.:
No
Basement:
Fully Developed
Floor Finish:
Carpet, Ceramic, Hardwood, Laminate, Tile, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
Parking for 5 vehicles
Driveway:
Concrete
Water Supply:
Municipal
Water And Sewage:
2987.00
Sewer:
Municipal
Num Units:
3
# Of Dishwashers:
2
# Of Dryers:
3
# Of Fridges:
7
# Of Microwaves:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, 161,100.00
Other Income:
5,040.00
Approx. Net Income:
123,970.18
Insurance Expense:
7440.00
Taxes Costs:
14,873.21
Other Costs:
Internet 4320.00
Maintenace:
1750.0
Management expense:
N/A
Snow / Garbage Collection:
2400.00
Heating Bill:
4282.48
Electricity Bill:
4117.13
Approx. Total Expense:
42,169.82
Approx. Total Income:
166,140.00
Apt Conforming, Balcony, Cable, Ensuite Bath, Exercise Room, Heat/Air Exchange, Laundry, Locker, See Remarks
7 x Fridges, 2 x Dishwashers, 3 x Washer, 3 x Dryer, 3 x TV, 2 x Stoves, Stove Top, Oven, 3 x 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 Elementar
Middle School:
Halifax Central Junior High Scho
High School:
Citadel High School
Possession Info:
Negotiable
  • Photo 1: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Street view exterior
  • Photo 2: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Entrance- Covered
  • Photo 3: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main unit entrance
  • Photo 4: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Main Floor
  • Photo 5: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Entrance w/2pc bath
  • Photo 6: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Hallway
  • Photo 7: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Living Room
  • Photo 8: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Dining Room
  • Photo 9: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Kitchen
  • Photo 10: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Kitchen
  • Photo 11: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Bedroom
  • Photo 12: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Bedroom
  • Photo 13: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit 5 pc Bath
  • Photo 14: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Bed
  • Photo 15: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit Bed
  • Photo 16: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit 4 pc bath w/Laundry
  • Photo 17: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Main Unit Laudry
  • Photo 18: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit Entrance
  • Photo 19: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit Living Rm & Kitchen
  • Photo 20: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit Dining & Kitchen
  • Photo 21: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit Bed
  • Photo 22: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit 4 pc Bath & Laundry
  • Photo 23: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Upper Unit 4pc bath 2
  • Photo 24: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Basement unit kitchen
  • Photo 25: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Basement Unit Kitchen
  • Photo 26: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Basement Unit Living Room
  • Photo 27: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Side Exterior
  • Photo 28: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Back Deck
  • Photo 29: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Back Exterior
  • Photo 30: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Parking/Large Storage Shed
  • Photo 31: 1524/1526 Chestnut Street in Halifax: 2-Halifax South Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202200036
    Rear Parking
Listed by Jeremy Snider of Domus Realty Limited
Data was last updated January 23, 2022 at 11:20 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,550,000
Min list price:
$1,200,000
Max list price:
$2,800,000
Avg days on market:
47
Min days on market:
5
Max days on market:
208
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
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $