ActiveFor Sale

224 Gabriel Road
Falmouth, Nova Scotia, B0N2T0

Apartment
CREA
MLS® Number: 202619224
$2,145,000List Price
-Bedrooms
0Bathrooms
0Total Parking
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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:66360)

Features

Vinyl

Amenities

School BusRecreational Facilities

Summary

List Price:$2,145,000
MLS® Number:202619224
CREA Listing Key:30100142
Type:Apartment
Building Age:Built 2013
Community:Falmouth
Listing Brokerage:Engel & Volkers (Wolfville)

Rooms

No room information available

Details

Property

Property Type:Apartment
Community:Falmouth
Municipality:Falmouth

Building

Building Age:Built 2013

Parking

Parking Features:Gravel

Utilities

Heating:Baseboard heaters, Electric
Water Supply:Municipal water
Utility Sewer:Municipal sewage system

Land

Lot Size:1.3426 acres
Directions:Please use Google Maps or other mapping app.
PIN #:45389798

$2,145,000

List price