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38 Victoria Road Dartmouth, Nova Scotia B2Y 2V9

$1,180,000

Welcome to 38 Victoria Road in Downtown Dartmouth! Here is a rare opportunity to acquire a centrally located four unit investment property on a large 7800 square foot lot. The building consists of four two bedroom one bathroom units that offer bright living spaces and functional layouts. Recent improvements include new electrical panels, electric heating, brand new decks, and modernized kitchens with stainless steel appliances, while three of the four units feature hardwood flooring. Under the Centre Plan, the sizable ER2 zoned lot may offer potential for additional units through a rear addition, buyer to confirm with the municipality. All units are currently leased on fixed term agreements at market rents, allowing the property to generate immediate cash flow while maintaining long term upside. The highly desirable location combined with the upgrades has created a strong tenant profile and has resulted in zero vacancies since the current owner purchased. This property presents an excellent opportunity for investors looking for stable income today with the possibility of future expansion. (id:29604)

Property Details

MLS® Number 202604395
Property Type Multi-family
Community Name Dartmouth
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship
Community Features Recreational Facilities, School Bus
Structure Shed

Building

Basement Type Crawl Space
Constructed Date 1901
Exterior Finish Vinyl
Flooring Type Carpeted, Ceramic Tile, Hardwood, Linoleum, Porcelain Tile
Foundation Type Block, Concrete Perimeter, Stone
Type Fourplex
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.1791
Size Total 0.1791 Ac
Size Total Text 0.1791 Ac

https://www.realtor.ca/real-estate/29461085/38-victoria-road-dartmouth-dartmouth

Interested?

Contact us for more information


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Sheila Banser

(902) 830-8757
(902) 454-8752
https://homesinhrm.com/

Royal LePage Atlantic
84 Chain Lake Drive
Beechville, Nova Scotia B3S 1A2

(902) 453-1700
(902) 455-6738
www.royallepageatlantic.com/

Ryan Banser

(902) 789-2291

Royal LePage Atlantic
84 Chain Lake Drive
Beechville, Nova Scotia B3S 1A2

(902) 453-1700
(902) 455-6738
www.royallepageatlantic.com/

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