2-4 Unit - Multi-Units Investments
2 Rodney Terrace
12-Southdale, Manor Park
Dartmouth
B2Y 2H1
$725,000
Multi-Family
built: 1954
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202517435
- Year Built:
- 1954
- Photos (27)
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Exceptional Investment Opportunity – Legal Triplex in Prime Dartmouth Location! Welcome to 2 Rodney Terrace – a meticulously maintained legal triplex nestled in one of Dartmouth’s most desirable and convenient neighborhoods. This turn-key property offers three well-appointed units (Unit A: upper level, Unit B: main floor, Unit C: lower level) and sits just minutes from top-rated schools, grocery stores, Dartmouth General Hospital, and the vibrant amenities of both Woodside and Downtown Dartmouth. With easy access to transit, parks, and the Woodside Ferry Terminal, tenants enjoy unbeatable connectivity and community living. Despite its age, this home has been lovingly cared for and continuously updated to modern standards, giving it a significantly younger feel and exceptional curb appeal. The grounds are professionally manicured and reflect the pride of long-term ownership. Key capital updates include a new chimney liner (2022), oil tank (2017), windows (2016), furnace (2007), and a durable modified bitumen membrane roof (2009), offering peace of mind for years to come. The property has been smoke-free and pet-free under current ownership, ensuring a clean and allergen-friendly environment. Each unit is thoughtfully laid out, offering private entrances, natural light, and access to shared amenities including a spacious detached storage shed. The shed is divided into four sections: one for the owner and one for each unit—ideal for tenant convenience and additional rental appeal. Driveway configuration enhances tenant autonomy: the upper two units share the top driveway while the lower unit enjoys a private driveway on the lower side of the lot. Occupancy Details: Unit A (Upper): Lease expires August 2025. Unit B (Main): Currently vacant – perfect for owner-occupier or market-value rent. Unit C (Lower): Lease expires December 2025. Note: Current rents are significantly below market, offering a value-add opportunity for savvy investors.
- King St toward Portland St to Rodney Rd to Rodney Terrace
- Listing Sub-Area:
- 12-Southdale, Manor Park
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 28x28.5
- Lot Size:
- 5,998 sq. ft.557 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 2
- Year built:
- 1954 (Age: 71)
- Age:
- 71
- # Floors:
- 3
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Full, Partially Developed, Walkout
- Floor Finish:
- Hardwood, Linoleum
- Roof:
- Other
- Heating:
- Baseboard, Hot Water, Radiator
- Fuel:
- Oil
- Driveway:
- Multiple Driveways, Paved
- Water Supply:
- Municipal
- Water And Sewage:
- $1,188
- Sewer:
- Municipal
- Num Units:
- 3
- Num 1 Bed Units:
- 1
- Num 2 Bed Units:
- 2
- # Of Dishwashers:
- 3
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- Rental Income:
- $46,920
- Approx. Net Income:
- $32,502.00
- Insurance Expense:
- $2,800
- Taxes Costs:
- $2,746
- Other Costs:
- $0,00
- Management expense:
- $0.00
- Snow / Garbage Collection:
- $0.00
- Heating Bill:
- $4,902
- Electricity Bill:
- $296.00
- Approx. Total Expense:
- $14,418.00
- Approx. Total Income:
- $46,920
- 3 Fridges, 3 Stoves, 3 Dishwashers
- Public Transit
- Stove, Dishwasher, Refrigerator
- None
- Shed
- No
- Assessment:
- 500200.0
- Assessment Year:
- 2025
- Zoning:
- ER-3
- Possession Info:
- NEGOTIABLE
- Elementary School:
- Dartmouth South Academy
- French Imm Elementary School:
- Shannon Park Elementary School
- French Imm High School:
- Dartmouth High School
- French Imm Middle School:
- Dartmouth South Academy
- High School:
- Dartmouth High School
- Middle School:
- Dartmouth South Academy
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Larger map options:
Listed by Viewpoint Realty Services Inc.
Data was last updated July 12, 2025 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 114
- Avg list price:
- $950,000
- Min list price:
- $369,900
- Max list price:
- $5,250,000
- Avg days on market:
- 63
- Min days on market:
- 1
- Max days on market:
- 870
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
- Trish Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 902-452-6023
- Trish@LeamanRE.ca