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Apartment Building For Sale at 6926 - 6932 Mumford Road in Halifax, Nova Scotia

4 Sale ID #298188
Updated 15 Mar 2025

Asking Price

$2,795,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Location, Location, Location! Fourplex located in the sought-after West-End Halifax on the corner of Mumford Road and Leppert Street. This fourplex features: two Townhouse style units (4 bedrooms, 2.5 bathroom & a 3 bedrooms, 2.5 bathrooms) and two 1-bedroom, 1-bathroom units featuring in unit laundry, granite countertops, master bedrooms with ensuites and much more. 6926-6932 Mumford Road is a maintenance free brick building, new windows, roof and a newly composite deck added in 2024, paved driveway behind the building allowing for ample amount of parking. Located in the heart of the city, minutes away from major highways, both bridges, minutes to bayer's lake and downtown Halifax, walking distance to schools, shopping centres, grocery stores, bus stop terminals, golf course, gym, and many more amenities. Book your private viewing today! (id:39198)

  • MLS® : #202424995
  • Date Listed : 21 Oct 2024

Location

Province

Nova Scotia

City

Halifax

Address

6926 - 6932 Mumford Road

Postal Code

B3L2H5

Location Highlights

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Listed by

Royal LePage Atlantic Nova Scotia listing

Category

apartment-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

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Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$2,795,000

Asking Price

$2,795,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

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