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Kirby Sinnott

kirby@kelownahomecollective.ca +1(250) 801-1669

$ 974,900

Est. payment | -/mo

8 Beds

4 Baths

4,185 SqFt

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$ 974,900

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

4,185 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4185

Square Footage 4,185 sqft

Price per Sqft $232

Subdivision Halifax

MLS® Listing ID 202609440

Bedrooms 8

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Freehold

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. (id:24570)

Location

Province NS

Rooms

Kitchen 2.0

Extra Room 1 Second level 15. x 9.11 Primary Bedroom

Extra Room 2 Second level 14.10 x 9.11 Primary Bedroom

Extra Room 3 Second level 11.5 x 9.1 Bedroom

Extra Room 4 Second level 10.11 x 9.10 Bedroom

Extra Room 5 Second level 10.10 x 10 Bedroom

Extra Room 6 Second level 11.4 x 9 Bedroom

Interior

Flooring Ceramic Tile, Tile, Vinyl Plank

Exterior

Parking Features No

Community Features Recreational Facilities

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by The Agency Real Estate Brokerage

Nearby Locations

Kirby Sinnott

Agent

+1(250) 801-1669 | kirby@kelownahomecollective.ca

625 Herring Cove Road|627 Herring Cove Road Halifax, NS B3R1X8

Kirby Sinnott

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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625 Herring Cove Road|627 Herring Cove Road