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224-238 Gabriel Road Falmouth, Nova Scotia B0N 2T0

Baseboard Heaters Acreage

$2,145,000

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:45785)

Property Details

MLS® Number 202619224
Property Type Multi-family
Community Name Falmouth
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Community Features Recreational Facilities, School Bus

Building

Constructed Date 2013
Exterior Finish Vinyl
Flooring Type Ceramic Tile, Laminate
Foundation Type Concrete Perimeter
Heating Fuel Electric
Heating Type Baseboard Heaters
Type Apartment
Utility Water Municipal Water

Parking

Gravel

Land

Acreage Yes
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship, Beach
Sewer Municipal Sewage System
Size Irregular 1.3426
Size Total 1.3426 Ac
Size Total Text 1.3426 Ac

https://www.realtor.ca/real-estate/30100142/224-238-gabriel-road-falmouth-falmouth

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Christine Brennan

(902) 402-6678

Engel & Volkers (Wolfville)
311 Main Street
Wolfville, Nova Scotia B4P 1C7

(902) 542-5203

Jamie Greenough

(902) 877-4677

Engel & Volkers (Wolfville)
311 Main Street
Wolfville, Nova Scotia B4P 1C7

(902) 542-5203