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5639 Morris Street, Halifax, NS, B3J 1C4

MLS® # 202411340
Investment For Sale In Schmidtville, Halifax, Nova Scotia
$1,349,900 QuickQuoteTM: $1.2M - $1.6M
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
5639 Morris Street, Halifax, NS
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5639 Morris Street, Halifax, NS, B3J 1C4
$1,349,900

Property Information:

Introducing a fantastic income property opportunity located in the heart of the Halifax Peninsula. This fourplex is situated in a highly sought-after location, close to the university, hospital, and a supermarket, making it an ideal choice for tenants seeking convenience and accessibility. The property consists of four well-maintained units, with three one-bedroom apartments and one spacious three-bedroom unit. Each unit is designed to offer comfortable living spaces and is fully rented all year round, ensuring a steady and reliable stream of income for the owner. The three one-bedroom units are perfect for students, young professionals, or couples looking for a cozy and affordable place to call home. These units feature open-concept layouts, modern kitchens equipped with essential appliances, comfortable bedrooms, and well-appointed bathrooms. Each unit also includes ample storage space and large windows that fill the rooms with natural light. The highlight of this fourplex is the three-bedroom unit, which offers a spacious and inviting living environment. With its generous square footage, this unit is ideal for families or professionals seeking more space. The unit features a fully equipped kitchen with modern appliances, a comfortable living room, three well-sized bedrooms, and two bathrooms. It provides an excellent opportunity for higher rental income due to its size and desirability. The location of this income property is truly unbeatable. Situated in the heart of the Halifax Peninsula, tenants will enjoy the convenience of living within walking distance of the university, hospital, and a well-stocked supermarket. The area is also surrounded by a variety of amenities, including restaurants, cafes, parks, and shops, ensuring tenants have everything they need within easy reach. Investing in this fully rented fourplex not only provides immediate cash flow but also promises excellent long-term potential.

Property Features:

  • Built in: 1902
  • Title to Land: Freehold

Courtesy of: RE/MAX Nova

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 5639 Morris Street, Halifax, NS, B3J 1C4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

26/100

Moderate-Low

ClimateCheck®

Current data

This property, 5639 Morris Street , experiences 7 hot days per year at around 26.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 29.7 degrees Celsius.

Projected Avg. Temperature

Past
26.8℃
2050
29.7℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

91/100

High

ClimateCheck®

Current data

This property, 5639 Morris Street , experiences 11 significant 2-day storms per year, with about 479.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 602mm of precipitation per year.

Precipitation Per Storm

Past
479.8mm
2050
602mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5639 Morris Street, Halifax, NS, B3J 1C4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$90,799.86

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.39 %

High school certificate or equivalent

24.35 %

Apprenticeship trade certificate/diploma

1.94 %

College/non-university certificate

12.31 %

University certificate (below bachelor)

2.6 %

University Degree

54.42 %

Commuter

Travel To Work

By Car

38.99 %

By Public Transit

14.33 %

By Walking

43.01 %

By Bicycle

0.08 %

By Other Methods

3.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

95.91 %

Houses

4.09 %

Own Vs. Rent