224-238 Gabriel Rd, Falmouth, NS B0N 2T0
224-238 Gabriel Rd, Falmouth, NS B0N 2T0
224-238 Gabriel Rd, Falmouth, NS B0N 2T0
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Listed by Christine Brennan • Engel & Volkers (Wolfville)
$2,145,000
Est. payment /mo
20 Beds
1.34 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202619224

Bedrooms 20

HOA Y/N No

Year Built 2013

Lot Size 1.343 Acres

Acres 1.3426

Property Sub-Type Multi Family

Source Nova Scotia

Property 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.

Location

Province NS

County Hants

Area Hants County

Zoning R1

Region Annapolis Valley

City Region Annapolis Valley

Rooms

Basement Finished

Interior

Heating Baseboard

Flooring Ceramic Tile, Laminate

Inclusions 8 Fridges 8 Stoves 8 Dishwashers 7 Washers 7 Dryers

Equipment No Rental Equipment

Fireplace No

Appliance Stove, Refrigerator, Dishwasher, Washer, Dryer

Basement Type Finished

Exterior

Community Features Golf, Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Ski Hill, Place of Worship, Beach

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Porch Deck

Garage No

Private Pool No

Exclusions Tenants Belongings. Electric Fireplaces, Shed(S), Tenant-Owned Washer And Dryer.

Parking Type Gravel

Building

Lot Description 1 to 2.99 Acres

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Falmouth District School

Middle Schools West Hants Middle School

High Schools Avon View High School

Others

Ownership Freehold

ParcelsYN No

Virtual Tour https://youtu.be/D4BcC2zn_NM


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