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Tom Moore

tom.moore@exprealty.com +1(902) 440-1639

Listed by Brehannah Hopgood • The Agency Real Estate Brokerage

$ 1,575,000

Est. payment | -/mo

5,248 Sqft Lot

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$ 1,575,000

Est. payment | -/mo

Save Virtual Tour

5,248 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202604065

HOA Y/N No

Year Built 1930

Lot Size 5,248 Sqft

Acres 0.1205

Property Sub-Type Duplex

Source Nova Scotia

Property Description

Turnkey income property located in Halifax's premier university rental corridor & within walking distance to multiple universities & major hospitals. Ideally positioned for the high demand student rental market with an approximate 6% CAP RATE. Welcome to 1645/1647 Oxford Street, a fully rented South End legal duplex just steps from Dalhousie University, offering 10 bedrooms, parking for four vehicles & strong stable rental income. Positioned on a 5250 sq ft corner lot within the ER3 Low Rise High Density zone under the HRM Centre Plan, the property offers excellent long term redevelopment potential while generating strong current income. The building is configured as a seven bedroom upper flat spanning two levels & a bright three bedroom lower unit with open concept kitchen & living area. The property generates an approximate Net Operating Income of $94574, providing stable cash flow in one of Atlantic Canada's strongest & most reliable rental markets. Each unit features separate entrances & separate power meters, allowing simplified management & efficient operation. The property has been well maintained & extensively upgraded, reducing near term capital expenditure requirements. Major improvements since 2015 include addition of the basement unit renovated in 2024, upgraded electrical panels & wiring, replacement of the lead water service line & interior cast iron waste piping, blown in wall insulation, installation of heat pumps, exterior drainage improvements, updated siding & windows, & roof shingles replaced in 2023. Located adjacent to Dalhousie & King's College campuses & within walking distance to hospitals, universities & amenities, the property benefits from strong rental demand, historically low vacancy rates & continued enrolment growth, making it a reliable long term income producing asset. Rare opportunity to acquire a turnkey South End multi unit with strong cash flow & redevelopment potential.

Location

Province NS

County Halifax

Area 2-Halifax South

Zoning ER-3

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Full, Finished

Interior

Heating Baseboard, Ductless, Hot Water, Radiator

Flooring Ceramic Tile, Hardwood, Vinyl

Inclusions All Appliances.

Equipment No Rental Equipment

Fireplace No

Appliance Range, Dishwasher, Dryer, Washer, Refrigerator, Stove

Exterior

Community Features Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Place of Worship

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Garage No

Private Pool No

Exclusions Tenants Possessions.

Building

Lot Description Under 0.5 Acres

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Lemarchant - St Thomas Elementary School

Middle Schools Halifax Central Junior High School

High Schools Citadel High School

Others

Ownership Freehold

ParcelsYN No

Virtual Tour https://youriguide.com/vMGJOYN1DUZOD1/

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(902) 440-1639

tom.moore@exprealty.com

1645 Oxford St Halifax, NS B3H 3Z5