$2,145,000

224-238 Gabriel Road

Falmouth Nova Scotia B0N 2T0

Multi-family
MLS® 202619224
Listing Courtesy of Engel & Volkers (Wolfville)

Description

Exceptional Duplex Rental Portfolio - Introducing a premier 8-unit rental portfolio on desirable Gabriel Road in Falmouth. The package consists of 4 PIDs, each with a quality-built detached duplex featuring a spacious 3-bed, 1-bath upper unit paired with a versatile 2-bed+den, 1-bath lower unit. Thoughtfully-designed, functional layouts offer private entries, ample parking, and inviting outdoor spaces including front and rear decks. The interiors showcase beautiful finishes throughout, large eat-in kitchens, open living spaces and expansive windows that provide abundant natural light. Practical touches include large bathrooms with laundry and over-sized utility closets for extra storage. The naturally sloping lot allows for full walk-outs that keep the lower units bright and airy year-round. Duplex living consistently attracts high-quality tenants and families drawn to the privacy, yard space and convenience over larger apartment complexes. Proximity to excellent schools, local shopping, groceries, cafes and essential services ensures everyday convenience, along with easy access to the local sports complex and hospital in Windsor. Quick highway access also makes Halifax a manageable commute, broadening the appeal for stable tenant acquisition for years to come. These properties are professionally managed and meticulously maintained, providing a turn-key income-producing asset with quality tenants on a mix of fixed-term and month-to-month leases. Plus, the contiguous nature of this portfolio delivers powerful economies of scale, reducing property management costs, maintenance logistics and landscaping expenses compared to scattered holdings. Properties of this nature and calibre rarely become available. This is an ideal acquisition for investors seeking a substantial multi-family portfolio in a single transaction all with the long-term flexibility of multiple PIDs. (id:56844)

ID:
202619224
Category:
Multi-family
Status:
Active
Lot:
1.3426 acres
MLS® Number:
202619224
Common Interest
Freehold
Parcel Number:
45389798
Year Built:
2013
Building Type:
Apartment
Community Name:
Falmouth
Days On Market:
27
Community Features
  • School Bus
  • Recreational Facilities
Heating:
  • Baseboard heaters
  • Electric
Foundationd Details:
  • Concrete Perimeter
Exterior Features:
  • Vinyl
Flooring:
  • Laminate
  • Ceramic Tile
Parking Features:
  • Gravel
Structure Type:
  • Apartment
Water Source:
  • Municipal water
Sewer:
  • Municipal sewage system
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224-238 Gabriel Road Falmouth
224-238 Gabriel Road Falmouth

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