Residential Income For Sale

Investment property in ideal Woodlawn location, a short walk to NSCC Akerley Campus. Upstairs is a 2 BR unit, downstairs is a 1BR plus den unit. The detached 24×24 double garage has its own power meter, and could be used as another source of revenue, possibly in the $400/ mo range based on posted storage rates in HRM. Additional used under the NLW (Neighborhood Live Work) zoning allows craft shops, spas, studios and offices, provided the premises maintain the look of a dwelling. The upper unit has a bright open concept living area, with stylish kitchen featuring an island and stainless appliances, plus a pantry. There is laminate flooring in this area, and hardwood flooring in the bedrooms and hall. The lower unit is also an open concept layout with attractive wood cabinets in the kitchen, large bathroom, bedroom with large closet, a small den/ office, and utility area with laundry hookup. Roof is approximately 15 years old, electrical upgraded in the last 10 years. Property has vinyl windows, there is a new hot water heater (currently the landlord has separate meter and pays for tenants’ hot water.) There are two private outdoor patio areas, one for each unit, and the yard is level with raised garden beds, and small shed (“as is”). There is multiple car paved parking in front, with a circular driveway, plus an additional driveway on the side leads to the garage. Both rental units are vacant, upstairs previously rented for $2,100 a month, downstairs was $986 a month to a long-term tenant, so the rental income could be substantially higher.