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Tom Moore

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

Listed by Brehannah Hopgood • The Agency Real Estate Brokerage

$ 974,900

Est. payment | -/mo

8 Beds

4 Baths

4,185 SqFt

Save Virtual Tour

$ 974,900

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

4,185 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,185 sqft

Price per Sqft $232

MLS Listing ID 202609440

Bedrooms 8

Full Baths 4

HOA Y/N No

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Duplex

Source Nova Scotia

Property Description

Renovated turnkey side-by-side duplex offering exceptional flexibility and upside. This extensively renovated, vacant, move-in-ready income property has been fully upgraded throughout. The opportunities are unmatched: subdivide/separate the units and sell each individually with all services already separated (electrical, water, sewer, etc., estimated at approximately $20K to complete; buyer to confirm subdivision and separation requirements with HRM), or hold as a strong income property previously generating approximately $2,800+ per unit with tenants paying all utilities (power and water), resulting in over $60K net annual income (including taxes and insurance) with an estimated 6.4% cap rate (buyer to verify financials and calculations), or house hack by living in one unit and renting the other. The property features two separate 200-amp panels (one per unit), all new electrical including plugs, lighting, thermostats, and hardwired smoke detectors, new efficient electric baseboards, all new plumbing, vinyl plank flooring throughout, new trim, closet doors, interior and exterior doors, renovated kitchens with new appliances and hardware, updated bathrooms, new stairs, new front and back porches, new windows from the main level down, and fresh paint throughout, creating a near brand-new duplex. Located just 15 minutes to downtown Halifax in a rapidly developing area with significant nearby growth and strong comparable sales supporting values of $550K+ per side, with peninsula properties exceeding $1M generating similar rents, this is a rare turnkey investment with multiple high-performing strategies in a prime location poised for appreciation.

Location

Province NS

County Halifax

Area 7-Spryfield

Zoning R-2 - RESIDENTIAL MEDIUM DENISTY

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Full, Partially Finished

Bedroom 2 8'1\" x 5'6\"

Bedroom 3 11'7\" x 14'9\"

Living Room 11'10\" x 9'10\"

Dining Room 10'2\" x 10'1\"

Kitchen 10'7\" x 9'4\"

Interior

Interior Features High Speed Internet

Heating Baseboard, Hot Water

Flooring Ceramic Tile, Tile, Vinyl Plank

Inclusions All Appliances.

Equipment Sump Pump, No Rental Equipment

Fireplace No

Appliance Electric Range, Dishwasher, Washer/Dryer, Refrigerator

Exterior

Fence Partial

Community Features Golf, Park, Near Public Transport, Recreation Center, Shopping, Place of Worship

Utilities Available Electric, Cable Connected, Electricity Connected, Phone Connected

View Y/N No

Roof Type Asphalt

Porch Deck

Garage No

Private Pool No

Exclusions All Staging.

Building

Lot Description Under 0.5 Acres, Landscaped, Level

Dwelling Type Side By Side

Story 2

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

Level or Stories 2 Storey

New Construction No

Schools

Elementary Schools William King Elementary School

Middle Schools Herring Cove Junior High School

High Schools Jl Ilsley High School

Others

Ownership Freehold

ParcelsYN No

Virtual Tour https://youriguide.com/vUIPBXP9TAUOD1/

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

625 Herring Cove Rd Halifax, NS B3R 1X8