224-238 Gabriel Road (MLS® 202619224)

Falmouth, NS, B0N 2T0

Summary

MLS ®:
 202619224
Price:
 $2,145,000
Status:
 Active
District:
 DIHAN
Zoning:
 R1
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Expense Details:
Call 902-499-7886

Property Overview

224-238 Gabriel Road, Falmouth (MLS® 202619224): 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.

Listing Courtesy of: Engel & Volkers (Wolfville)

Directions

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Building Specs.

Building Age:
13
Building Dimensions:
IRREG
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Ceramic, Laminate
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
None
Parking:
Each duplex has its own driveway and ample parking for both upper and lower tenants.
Driveway/Parking:
Gravel

Community Features

Beach, Golf Course, Park, Place of Worship, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Ski Hill

Schools

Elem. School: Falmouth District School
Mid. School: West Hants Middle School
High School: Avon View High School

Inclusions

8 Fridges 8 Stoves 8 dishwashers 7 washers 7 dryers

Exclusions

Tenants belongings. Electric fireplaces, Shed(s), tenant-owned washer and dryer.

Rental Equipment

None

Map

Contact Agent


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