2-4 Unit - Multi-Units Investments
627 Herring Cove Road
7-Spryfield
Halifax
B3R 1X8
$974,900
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202609459
- Photos (50)
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Renovated turnkey side-by-side duplex offering exceptional flexibility and upside. This extensively renovated, vacant, move-in-ready income property has been fully upgraded throughout. The opportunities are unmatched: subdivide/separate the units and sell each individually with all services already separated (electrical, water, sewer, etc., estimated at approximately $20K to complete; buyer to confirm subdivision and separation requirements with HRM), or hold as a strong income property previously generating approximately $2,800+ per unit with tenants paying all utilities (power and water), resulting in over $60K net annual income (including taxes and insurance) with an estimated 6.4% cap rate (buyer to verify financials and calculations), or house hack by living in one unit and renting the other. The property features two separate 200-amp panels (one per unit), all new electrical including plugs, lighting, thermostats, and hardwired smoke detectors, new efficient electric baseboards, all new plumbing, vinyl plank flooring throughout, new trim, closet doors, interior and exterior doors, renovated kitchens with new appliances and hardware, updated bathrooms, new stairs, new front and back porches, new windows from the main level down, and fresh paint throughout, creating a near brand-new duplex. Located just 15 minutes to downtown Halifax in a rapidly developing area with significant nearby growth and strong comparable sales supporting values of $550K+ per side, with peninsula properties exceeding $1M generating similar rents, this is a rare turnkey investment with multiple high-performing strategies in a prime location poised for appreciation.
- Armdale Rotary to Herring Cove Road
- Listing Sub-Area:
- 7-Spryfield
- Property Type:
- Multi-Family
- Multi-Family Type:
- Duplex
- Title To Land:
- Freehold
- Building Dimenions:
- 31 ft x 45 ft
- Lot Size:
- 5,201 sq. ft.483 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 0
- # Floors:
- 2
- Exterior Finish:
- Brick, Concrete, Vinyl
- Foundation:
- Concrete
- Basement:
- Full, Partially Developed
- Floor Finish:
- Ceramic, Tile, Vinyl Plank
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric
- Garage Description:
- NA
- Parking:
- Yes
- Parking Description:
- Paved, gravel
- Driveway:
- Gravel, Paved
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 2
- Num 4 Bed Units:
- 2
- # Of Dishwashers:
- 2
- # Of Dryers:
- 2
- # Of Fridges:
- 2
- # Of Microwaves:
- 2
- # Of Stoves:
- 2
- # Of Washers:
- 2
- Rental Income:
- Yes
- Approx. Net Income:
- $62,800
- Insurance Expense:
- $2000
- Taxes Costs:
- $2400
- Approx. Total Income:
- $67,200
- ALL APPLIANCES
- ALL STAGING
- Golf Course, Park, Public Transit, Recreation Center, Shopping, Place of Worship
- Range - Electric, Dishwasher, Washer/Dryer Combo, Refrigerator
- None
- Deck
- No
- Zoning:
- R-2 - RESIDENTIAL MEDIUM DENISTY
- Possession Info:
- Negotiable
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Listed by The Agency Real Estate Brokerage
Data was last updated May 3, 2026 at 01:20 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $649,900
- Min list price:
- $275,000
- Max list price:
- $974,900
- Avg days on market:
- 54
- Min days on market:
- 1
- Max days on market:
- 194
These statistics are generated based on the current listing's property type
and located in
7-Spryfield. 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

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