About this home

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:63626)

Listed by: Christine Brennan, Engel & Volkers (Wolfville)

Home facts and features

Price details

List Price

$2,145,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel

Property Type

Multifamily

Lot Size

1.34 acres

Depth

Year Built

Built in 2013 (13 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Baseboard heaters, Electric

Agent details

Primary Agent

Christine Brennan

Primary Broker

Engel & Volkers (Wolfville)

Secondary Agent

Jamie Greenough

Secondary Broker

Engel & Volkers (Wolfville)

Listing details

Days on REW

27 Days

MLS® Number

202619224

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

1 School is within 1km

Falmouth District School

n/a
K - 5

224-238 Gabriel RoadFalmouth, NS, B0N 2T0