14
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$599,900
Est. payment /mo
5,201 Sqft Lot
New
A B 86 Williams Lake Road Armdale, NS B3P1T3
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Armdale
MLS® Listing ID 202608689
Year Built 1964
Lot Size 5,201 Sqft
Acres 0.1194
Property Sub-Type Freehold
Property Description
Located at the east end of Williams Lake Road, this side-by-side duplex presents a strong investment opportunity in a desirable, family-oriented area with consistent rental demand. Walking distance to the lake, schools, and recreation, and just minutes to the Halifax Shopping Centre, the property benefits from both lifestyle appeal and convenient transit access. Each unit offers 3 bedrooms and 1.5 bathrooms, full basements, and private backyard space. Tenants pay all utilities, helping to minimize operating expenses and improve net income. Current rents are significantly below market, providing immediate upside. Comparable units in the area are achieving over $2,000/month per side, offering a clear path to increased cash flow over time. The property has been well maintained by the same family since 1987, with key capital improvements already completed, including a new roof (2016) and recently replaced fiberglass oil tanks. The front unit has seen updates to flooring, doors, and trim, while the rear unit remains in solid original conditionpresenting a value-add opportunity. Flexible investment strategies include full rental operation, live-in with supplemental income, or future repositioning to maximize returns. A rare opportunity to acquire a stable asset with both immediate income and long-term growth potential. (id:24570)
Location
State NS
Rooms
Kitchen 0.0
Interior
Flooring Laminate, Porcelain Tile
Exterior
Parking Features No
Community Features Recreational Facilities, School Bus
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Sutton Group Professional Realty
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