1645 Oxford Street, 1647 Oxford Street
Halifax, Nova Scotia B3H 3Z5
$1,495,000
- Bedrooms
- 10
- Bathrooms
- 3
- Living area
- 4,731 sq ft
- Lot
- 0.12 acres
- Type
- Single Family
Description
Turnkey income property in Halifaxs premier university rental corridor, 1645/1647 Oxford Street presents a rare opportunity to acquire a fully rented South End legal duplex with strong, stable cash flow and long-term upside, all within walking distance to multiple universities, major hospitals, amenities, and transit. Ideally positioned for the high-demand student rental market, the property generates gross annual revenue of approximately $114,300, with total operating expenses of approximately $24,166.36 per year and an estimated Net Operating Income of approximately $90,133.64. The building offers 10 bedrooms total, including a seven-bedroom upper flat spanning two levels and a bright three-bedroom lower unit with an open-concept kitchen and living area, along with parking for four vehicles. Situated on a 5,250 sq. ft. corner lot within the ER3 Low Rise High Density zone under the HRM Centre Plan, the property also offers excellent redevelopment potential. Each unit has separate entrances and power meters for ease of management. Extensively upgraded and well maintained, major improvements since 2015 include the addition and 2024 renovation of the basement unit, upgraded electrical systems, replacement of the lead water service line and cast iron piping, blown-in insulation, heat pumps, exterior drainage improvements, updated siding and windows, and a new roof in 2023. Located adjacent to Dalhousie and Kings College and close to hospitals, this property benefits from consistently strong rental demand, low vacancy rates, and ongoing enrollment growth, making it a reliable, long-term income-producing asset. (id:56844)
Listing
- MLS® number
- 202623438
- Status
- Active
- Days On Market
- 45
Building
- Type
- Duplex
- Year built
- 1930
- Storeys
- 2
- Living area
- 4,731 sq ft
- Above grade
- 4,731 sq ft
- Bedrooms above grade
- 7
- Bedrooms below grade
- 3
- Foundation
- Poured Concrete
- Basement
- Finished, Full
Interior
- Flooring
- Hardwood, Ceramic Tile, Vinyl
- Heating
- Heat Pump, Baseboard heaters, Oil, Electric, Radiator, Hot Water, Ductless
- Cooling
- Air Conditioned
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer
- Accessibility
- 32in min Doorways, 32in min Entry Doorways
Land
- Lot size
- 0.12 acres
- Exterior features
- Vinyl
- Community
- Recreational Facilities
Parking
- Type
- Paved Yard, Parking Space(s)
Utilities
- Water
- Municipal water
- Sewer
- Municipal sewage system
Fees and taxes
- Common interest
- Freehold
- Parcel number
- 00048223
Rooms
| Room | Level | Size |
|---|---|---|
| Dining room | Main level | 4.2 x 6.10 |
| Kitchen | Main level | 13.2 x 13.9 |
| Living room | Main level | 13.2 x 20.1 |
| Other | Main level | 10.4 x 5.7 Servery |
| Storage | Main level | 6.4 x 3.3 |
| Primary Bedroom | Main level | 13.2 x 14.4 |
| Bedroom | Main level | 13.2 x 10.3 |
| Bedroom | Main level | 16.4 x 10.2 |
| Bedroom | Main level | 16.3 x 10.3 |
| 5pc Bathroom | Main level | 10.11 x 6.7 |
| Bedroom | Second level | 13.7 x 12.1 |
| Bedroom | Second level | 15.1 x 19.11 |
| Bedroom | Second level | 8.6 x 13.7 |
| 4pc Bathroom | Second level | 10.6 x 7.5 |
| Laundry room | Second level | 13.2.5 x 6 |
| Kitchen | Basement | 7.8 x 19.5 |
| Laundry room | Basement | 7.10 x 4.11 |
| Other | Basement | 12. x 9 |
| Recreational, Games room | Basement | 17.6 x 34.10 |
| Utility room | Basement | 11.11 x 4.8 |
| 3pc Bathroom | Basement | 11.7 x 5 |
| Bedroom | Basement | 14.1 x 11.7 |
| Bedroom | Basement | 13.11 x 13.8 |
| Bedroom | Basement | 15.3 x 12.4 |
Directions
Corner Oxford & Jennings
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