Description
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:56844)
- ID:
- 202609505
- Category:
- Multi-family
- Status:
- Active
- Lot:
- 0.0767 acres
- MLS® Number:
- 202609505
- Common Interest
- Freehold
- Parcel Number:
- 00068502
- Building Type:
- Duplex
- Community Name:
- Halifax
- Days On Market:
- 1
- Balcony
- School Bus
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
- Fireplace(s)
- Stone
- Unknown
- Cellar
- Wood shingles
- Hardwood
- Laminate
- Ceramic Tile
- Vinyl
- Wood
- Parking Space(s)
- Gravel
- Shared
- Duplex
- Municipal water
- Municipal sewage system