Baseboard Heaters, Furnace, Hot Water
$1,450,000
Prime, well-maintained South End Halifax duplex just steps from the Dalhousie campus, offering strong in-place income, long-term upside, and exceptional tenant demand in one of Halifaxs most reliable rental locations. This two-unit property features a spacious 7-bedroom, 2-bath flat and a 2-bedroom, 1-bath flat, each with its own kitchen, in-unit laundry, and separate electric meter, with tenants responsible for power. Fully leased for the 2026/2027 term, the property generates $107,087.40 in annual rental income, with annual expenses of approximately $23,603, for net income of approximately $83,484.40. Updates include a new roof in Fall 2024, approximately 85% vinyl window replacement, and skylights. Rear parking for 34 vehicles is a valuable bonus in this university-adjacent location. Zoned UC-1/ER-3, the property is positioned on Coburg Road near Henry Street, within walking distance to the Dalhousie campus, hospitals, downtown Halifax, transit, shops, cafés, and amenities. A turnkey, income-producing property with minimal vacancy risk, below-market rent upside, and attractive long-term appreciation potential. (id:63476)
Property Details
|
MLS® Number |
202609505 |
|
Property Type |
Multi-family |
|
Community Name |
Halifax |
|
Amenities Near By |
Park, Public Transit, Shopping |
|
Community Features |
School Bus |
|
Features |
Balcony |
Building
|
Amenities |
Fireplace(s) |
|
Appliances |
Stove, Dishwasher, Dryer, Washer, Refrigerator |
|
Basement Type |
Cellar |
|
Exterior Finish |
Wood Shingles |
|
Flooring Type |
Ceramic Tile, Hardwood, Laminate, Wood, Vinyl |
|
Foundation Type |
Stone, Unknown |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Baseboard Heaters, Furnace, Hot Water |
|
Type |
Duplex |
|
Utility Water |
Municipal Water |
Parking
|
Gravel | |
|
Parking Space(s) | |
|
Shared | |
Land
|
Acreage |
No |
|
Land Amenities |
Park, Public Transit, Shopping |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
0.0767 |
|
Size Total |
0.0767 Ac |
|
Size Total Text |
0.0767 Ac |