6421/6423 Coburg Road

Description

ATTENTION INVESTORS! Looking to add to your portfolio with a property that holds a lot more value than just the income? 6421/6423 Coburg is set in one of Halifax’s most exclusive neighbourhoods and offers a rare opportunity in the coveted South End. Tenants pay all utilities, with separate natural gas furnaces, water heaters, electrical, and laundry. The lower 2-bed unit will be vacant in December, and the upper 5-bedroom is on a fixed-term lease expiring August 31/27. Both units are well-maintained and feature hardwood floors throughout the main levels, high ceilings, bright open-concept living areas, a private balcony, and vinyl windows throughout (except in the original sunrooms). The location lends itself to easy rentability and low vacancy, within walking distance to Dalhousie, the QEII, IWK, Armbrae Academy, Sir Charles Tupper, the Waeg, the Quinpool Business District, and multiple bus routes. The upper five-bedroom unit could be ideal for families hoping to enter this sought-after neighbourhood, with two bedrooms and a full bathroom on the main level plus three additional bedrooms and a second full bathroom upstairs. The home includes a detached, single car garage and a long driveway. ER-3 zoning adds further flexibility and future potential. Come see for yourself what this exceptional South End opportunity has to offer.

Specifications

MLS^® Number

202625895

Class

Multi-Unit

Type

Duplex

Age

97 years old

Parking

single wide, approx 5 cars long

Garage

Single detached

Flooring

Carpet,Hardwood,Laminate

Heating

Radiator

Fuel Type

Natural Gas

Water Source

Municipal

Sewage Disposal

Municipal

Income Information

Approx. Total Income

$72,900

Approx. Total Expenses

$19,201

Number of Units

2

Occupied Units

2

Two Bedroom Units

1

Location