75 King Street

$2,750,000

Dartmouth – Downtown to Burnside

75 King Street, Dartmouth NS - MLS: 202209835
Virtual Tour
MLS®202209835

75 King Street - The Crown on King Lofts, located at 75 King Street, Dartmouth offers investors a rare opportunity to acquire a newly constructed multi-residential lofts with ground floor commercial in the heart of the revitalized downtown Dartmouth District. The property is situated in an amenity rich location, surrounded by some of the best restaurants, cafes and shops and within walking distance to banks, pharmacy and other service amenities. The Crown of King Lofts is a newly constructed, 3 storey multi-residential building consisting 8 residential suites and 1 commercial unit. The building features expansive views of the Halifax skyline and harbour, tenant balconies, onsite storage, bike storage, and 4 covered parking spaces. The building was constructed in 2016 and has been constantly maintained and requires no immediate capital. The building is 100% occupied, with a Net Operating Income of $114,908 per year and there is upside potential on the rental rates. ** For MORE INFORMATION go to the REALTOR's website **

Property Specifications:

Building Age: 6
Lot Size:
Total Living Area:
Main Living Area:

Property Details:

Style: 9-12 Units
Roof: Asphalt Shingle
Exterior: Vinyl, Wood Siding
Flooring: Carpet, Concrete, Laminate
Heating: Baseboard, Heat Pump -Ductless
Basement: Fully Developed, Walkout
Foundation: Concrete
Driveway: Concrete, Parking Spaces(s)

Community Features:

Park, Public Transit, Shopping

Additional Details:

Appliances Included: Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Other Features: Air Conditioning, Balcony, Fireplace(s), Heat/Air Exchange, Laundry
Water: Municipal
Sewer: Municipal
Rental Equipment: None
Innovative Real Estate Ltd