Our Agents' Listings
125 Portland Street
10-Dartmouth Downtown to Burnsid
Dartmouth
B2Y 1H7
$1,200,000
Multi-Family
built: 1941
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202321322
- Year Built:
- 1941
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Well, look at this rare opportunity! This downtown Dartmouth area has certainly been changing for the better in recent years. This property currently has 2 income streams even if you aren't looking at eventually being a possible key in redevelopment of neighbouring properties! Right now there are 3 attractive one bedroom apartments and also the convenience store business on the main level. Being just a couple blocks from the Dartmouth lakes, the harbour and the ferry to Halifax the rental market is strong and there is no need for driveways or yards to take care of here. Opportunity is here for the new entrepreneur to operate the store and collect $45,000 in rent a year from the apartments. The store has a long standing record with revenues of over half a million and there is also lottery income. Perhaps we should talk!
- Listing Sub-Area:
- 10-Dartmouth Downtown to Burnsid
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 59.5x29.5-jog
- Outside Dimenions:
- 59.5x29.5-jog
- Lot Size:
- 1,463.616 sq. ft.135.974 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 3
- Year built:
- 1941 (Age: 82)
- Age:
- 82
- # Floors:
- 3
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- None
- Floor Finish:
- Concrete, Hardwood, Laminate, Vinyl
- Roof:
- Asphalt Shingle, Rolled
- Heating:
- Baseboard, Heat Pump -Ductless, Hot Water
- Fuel:
- Electric, Oil
- Parking:
- No
- Parking Description:
- Parking on Street
- Driveway:
- Other
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 4
- Num 1 Bed Units:
- 3
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- Rental Income:
- Yes, $45,000.00
- Other Income:
- $117,333.10
- Approx. Net Income:
- $129,373.00
- Approx. Total Expense:
- $32,960.00
- Approx. Total Income:
- $162,333.10
- Air Conditioning
- Appliances, except conditions on some store fridges.
- Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Marina, Place of Worship
- Stove, Refrigerator
- Alarm System, Other
- None
- No
- Zoning:
- DD
- Elementary School:
- Bicentennial School
- Middle School:
- Bicentennial School
- High School:
- Dartmouth High School
- French Imm Elementary School:
- Shannon Park Elementary School
- French Imm Middle School:
- Dartmouth South Academy
- French Imm High School:
- Dartmouth High School
- Possession Info:
- Negotiable
- Listed Date:
- Oct 05, 2023
- Days on Mkt:
- 60
Larger map options:
Data was last updated December 4, 2023 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 67
- Avg list price:
- $999,900
- Min list price:
- $250,000
- Max list price:
- $6,800,000
- Avg days on market:
- 48
- Min days on market:
- 3
- Max days on market:
- 424
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- Bruce Tramley
- Sutton Group Professional Realty - A549
- 9028302972
- Contact by Email