94 Old Sambro Road

Description

Excellent Investment Opportunity Two 2-Bedroom Over-and-Under Flats Well-maintained and extensively renovated two-unit property offering strong rental income and excellent flexibility. Each unit features 2 bedrooms, with fixed-term leases in place and tenants who would like to remain. An excellent opportunity for an investor seeking immediate rental income or an owner-occupier looking to live in one unit while renting the other. Located directly across from Long Lake Provincial Park, with easy access to swimming, kayaking, paddleboarding, walking trails and other outdoor recreation. Conveniently located close to schools, restaurants, shopping and only minutes from Downtown Halifax. Gross rental income exceeds $50,000 annually, with strong rents and established tenants. Further financial information is available to qualified buyers upon acceptance of an offer. SELLER SHALL REBATE $5000.00 ON CLOSING for any exterior maintenance or repair if required. The property has been extensively renovated over the past 10 years, including: New roof shingles Updated electrical Two new 100-amp electrical panels Two new hot water tanks Updated plumbing New flooring throughout Hardwood flooring in living rooms Ceramic flooring in kitchens and bathrooms Large decks for each unit Additional features include parking for 23 vehicles and a backyard. Some exterior improvements remain, including siding replacement. The property features a combination of newer and older windows, allowing the next owner to continue updating the exterior over time. A solid income-producing property in a desirable location, offering strong rental income, established tenants and the flexibility of either continued investment use or owner-occupancy. (id:56844)

Listing

MLS® number

202621514

Status

Active

Days On Market

66

Building

Type

Duplex

Foundation

Concrete Perimeter

Basement

Crawl space

Interior

Flooring

Hardwood, Laminate, Ceramic Tile

Heating

Baseboard heaters, Electric

Land

Lot size

0.13 acres

Lot features

Balcony

View

Lake view

Community

Recreational Facilities

Parking

Type

Gravel

Utilities

Water

Municipal water

Sewer

Municipal sewage system

Services

Cable Available

Fees and taxes

Common interest

Freehold

Parcel number

00309088

Directions

Herring Cove to 94 Old Sambro Road