Description

Excellent Investment Opportunity Two 2-Bedroom Over-and-Under Flats Well-maintained and extensively renovated two-unit property offering strong rental income and excellent flexibility. Each unit features 2 bedrooms, with fixed-term leases in place and tenants who would like to remain. An excellent opportunity for an investor seeking immediate rental income or an owner-occupier looking to live in one unit while renting the other. Located directly across from Long Lake Provincial Park, with easy access to swimming, kayaking, paddleboarding, walking trails and other outdoor recreation. Conveniently located close to schools, restaurants, shopping and only minutes from Downtown Halifax. Gross rental income exceeds $50,000 annually, with strong rents and established tenants. Further financial information is available to qualified buyers upon acceptance of an offer. SELLER SHALL REBATE $5000.00 ON CLOSING for any exterior maintenance or repair if required. The property has been extensively renovated over the past 10 years, including: New roof shingles Updated electrical Two new 100-amp electrical panels Two new hot water tanks Updated plumbing New flooring throughout Hardwood flooring in living rooms Ceramic flooring in kitchens and bathrooms Large decks for each unit Additional features include parking for 23 vehicles and a backyard. Some exterior improvements remain, including siding replacement. The property features a combination of newer and older windows, allowing the next owner to continue updating the exterior over time. A solid income-producing property in a desirable location, offering strong rental income, established tenants and the flexibility of either continued investment use or owner-occupancy. (id:66360)

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