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752/754 St Margarets Bay Road, ARMDALE
2024-10-15
Quick Summary
- Location
- 752/754 St Margarets Bay Road, ARMDALE, Nova Scotia B3N1K7
- Price
- $599,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1965
MLS®#202424550
Property Description
Discover an exceptional investment opportunity in the heart of Halifax with this high potential duplex at 752/754 St Margarets Bay Road. This property offers the perfect blend of steady rental income and potential for appreciation. The spacious upper unit boasts 3 bedrooms and 1 bathroom, currently generating $1092 per month in rental income (Yearly lease). It features an expansive living room, ideal for entertaining, along with a primary bedroom that includes a private back deck and two additional generously-sized bedrooms. The fully updated lower unit is a gem, featuring 2 bedrooms and 1 bathroom. Recently renovated, it showcases a modern kitchen, a refreshed bathroom, and new flooring throughout. This unit is secured with a fixed-term lease at $1285.80 per month (Fixed Term until April 2025), providing stable income for the savvy investor. Additional highlights include in-unit laundry in both apartments and multiple parking spaces for tenant convenience. Located just one minute from the Armdale Rotary, this duplex is in a prime location that attracts renters. While the interior shines, the exterior presents an opportunity to boost property value; some TLC, including new windows, shingles, and a fresh coat of paint on the cedar shakes, could significantly enhance the property?s appeal. Don't miss this chance to own a solid income-generating property in a highly desirable Halifax location. Schedule your viewing today and see the potential for yourself! With the addition of 744 St Margarets Bay Road which is also for sale you could have 13,824 sqft of potential development space! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Course, Park, Playground, Public Transit, Place of Worship, Beach
Building
- Exterior Finish: Wood siding
- Fireplace: No
- Flooring Type: Hardwood, Laminate, Linoleum
- Building Type: Duplex
- Utility Water: Municipal water
Land
- Land Size: 0.1601 ac
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Century 21 Optimum Realty
Listing information last updated on: 2024-10-23 22:25:47
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
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When you sign the standard MLS® listing contract with us, it lays out exactly the commission cost to you. If you are selling a Condo property, there are some Condo Association documents that will be required to provide in a sale.
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