NS
Dartmouth
B3A 2S4
6 Tulip Street
6 Tulip Street, Dartmouth, NS B3A 2S4
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Listing Type
Multi Family
Listing Status
Active
26
$1,999,900

Home Details for 6 Tulip Street

Price
$1,999,900
Type
Residential Income
Lot size acres
0.1186
Basement
Finished, Full
Listing #
202622165
Property Description

Add this legal non-conforming six-unit building to your investment portfolio! The property consists of four two-bedroom units and two one-bedroom units, three of the 2 bedroom units come fully furnishedproviding opportunities to generate higher rents. The two lower units are also equipped with ductless heat pumps. Located near historic downtown Dartmouth, Sullivans Pond, and nearby parks and trails, this charming building sits on a corner lot with an six-car parking area at the rear which is rare for the area and two additional road parking. This provides potential for additional parking income or future development, subject to municipal approval. Nearly $200,000 in improvements have been completed since 2022, including updated bathrooms and kitchens featuring quartz countertops. The building retains plenty of its original character, with high ceilings, crown mouldings, fireplaces in the spacious living rooms. The property was appraised in June 2026 using a 5.5% capitalization rate, offering instant equity on the buy, immediate cash flow, and multiple opportunities to increase future income/value-add. All leases are fixed-term and run on a September-to-September cycle, with tenants responsible for their own electricity. Dont miss this opportunity to add an incredibly charming and income-producing property to your portfolio. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Heat Pump
    • Electric
    • Ductless
  • Basement
    • Finished
    • Full
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • Gravel
Listing Courtesy: RE/MAX Nova (Halifax)
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EXIT REALTY SPECIALISTS
6363 Lady Hammond Rd., Halifax, NS B3K 2S2
Office
506 663 5787
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