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
Data was last updated May 3, 2026 at 03:20 AM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$836,950
Min list price:
$275,000
Max list price:
$4,500,000
Avg days on market:
37
Min days on market:
1
Max days on market:
558
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.