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37 Gaston Road, Dartmouth, Halifax Regional Municipality, Nova Scotia, Canada
Property Features
- MLS # 28082282
- Lot Area: 0.14 acres
- Original Price: 1,115,000 CAD
- Year Built: 1965
- Original Currency: CAD
Property Description
Welcome to 37 Gaston Road! This fantastic 6-unit building (featuring five 2-bedroom units and one 1-bedroom unit) presents an incredible investment opportunity. Thoughtfully updated over the last four years, the property boasts modern improvements that ensure both integrity and efficiency. From brand-new windows, a recently replaced roof, to a top-of-the-line propane heating system, bathtubs, paint, brick repointing, secure front door with an intercom system, and so much more -every major detail has been taken care of. With rents currently well below market value, this property offers tremendous upside potential (3 long term tenants likely leaving soon due to health reasons). Investors have the added opportunity to enhance the value even further with cosmetic upgrades. Additionally, the 1-bedroom unit has the potential to be converted into a 2-bedroom, increasing the total number of bedrooms while further maximizing rental income. Installing in-unit laundry could further boost returns, though tenants already enjoy the convenience of on-site coin-operated laundry. Located on major transit routes, 37 Gaston Road is just minutes from key amenities. Downtown Dartmouth, hospitals, grocery stores, pharmacies, and NSCC College are all within easy reach, making it a highly desirable location for tenants. Don't miss out on this fantastic opportunity to secure a solid investment with endless potential. (id:8860)
The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.
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