2-4 Unit - Multi-Units Investments

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752/754 St Margarets Bay Road
8-Armdale/Purcell's Cove/Herring Armdale B3N 1K7

$599,900
Multi-Family built: 1965

Main Photo: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 1: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 2: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 3: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 4: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 5: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 6: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 7: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 8: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 9: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 10: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 11: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 12: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 13: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 14: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 15: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 16: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 17: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 18: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 19: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 20: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 21: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 22: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 23: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 24: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 25: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 26: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 27: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 28: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 29: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 30: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 31: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 32: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 33: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 34: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 35: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Photo 36: 752/754 St Margarets Bay Road in Armdale: 8-Armdale/Purcell's Cove/Herring Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202424550
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202424550
Year Built:
1965
Discover an exceptional investment opportunity in the heart of Halifax with this high potential duplex at 752/754 St Margarets Bay Road. This property offers the perfect blend of steady rental income and potential for appreciation. The spacious upper unit boasts 3 bedrooms and 1 bathroom, currently generating $1092 per month in rental income (Yearly lease). It features an expansive living room, ideal for entertaining, along with a primary bedroom that includes a private back deck and two additional generously-sized bedrooms. The fully updated lower unit is a gem, featuring 2 bedrooms and 1 bathroom. Recently renovated, it showcases a modern kitchen, a refreshed bathroom, and new flooring throughout. This unit is secured with a fixed-term lease at $1285.80 per month (Fixed Term until April 2025), providing stable income for the savvy investor. Additional highlights include in-unit laundry in both apartments and multiple parking spaces for tenant convenience. Located just one minute from the Armdale Rotary, this duplex is in a prime location that attracts renters. While the interior shines, the exterior presents an opportunity to boost property value; some TLC, including new windows, shingles, and a fresh coat of paint on the cedar shakes, could significantly enhance the property’s appeal. Don't miss this chance to own a solid income-generating property in a highly desirable Halifax location. Schedule your viewing today and see the potential for yourself! With the addition of 744 St Margarets Bay Road which is also for sale you could have 13,824 sqft of potential development space!
Listing Sub-Area:
8-Armdale/Purcell's Cove/Herring
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
44 x 30
Outside Dimenions:
44 x 30
Lot Size:
6,974 sq. ft.
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
2
Year built:
1965 (Age: 59)
Age:
59
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Hardwood, Laminate, Linoleum
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking Description:
St Margarets Bay Road Right before Northwest Arm Drive. Come in the driveway of 752/54 and around back.
Driveway:
Gravel, Shared
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Dishwashers:
0
# Of Dryers:
2
# Of Fridges:
2
# Of Microwaves:
0
# Of Stoves:
2
# Of Washers:
2
Apt Conforming
2 Fridges, 2 Stoves, 2 Washers, 2 Dryers
Beach, Golf Course, Park, Playground, Public Transit, Place of Worship
None
None
No
Zoning:
R-2 - RESIDENTIAL MEDIUM DENISTY/I-1
Possession Info:
Negotiable
Elementary School:
Springvale Elementary School
French Imm Elementary School:
St Catherine's Elementary School
French Imm High School:
Citadel High School
French Imm Middle School:
Oxford School
High School:
Citadel High School
Middle School:
St Agnes Junior High School
Listed Date:
Days on Mkt:
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Listed by Century 21 Optimum Realty
Data was last updated November 13, 2024 at 01:20 PM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$949,950
Min list price:
$389,900
Max list price:
$4,750,000
Avg days on market:
46
Min days on market:
5
Max days on market:
629
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.