38 Victoria Road, Dartmouth, NS (MLS® 202604395) Multi Family For Sale

38 Victoria Road, Dartmouth, NS, B2Y 2V9
MLS® # 202604395


$1,180,000

38 Victoria Road, Dartmouth, NS (MLS® 202604395): Welcome to 38 Victoria Road in Downtown Dartmouth! Here is a rare opportunity to acquire a centrally located four unit investment property on a large 7800 square foot lot. The building consists of four two bedroom one bathroom units that offer bright living spaces and functional layouts. Recent improvements include new electrical panels, electric heating, brand new decks, and modernized kitchens with stainless steel appliances, while three of the four units feature hardwood flooring. Under the Centre Plan, the sizable ER2 zoned lot may offer potential for additional units through a rear addition, buyer to confirm with the municipality. All units are currently leased on fixed term agreements at market rents, allowing the property to generate immediate cash flow while maintaining long term upside. The highly desirable location combined with the upgrades has created a strong tenant profile and has resulted in zero vacancies since the current owner purchased. This property presents an excellent opportunity for investors looking for stable income today with the possibility of future expansion.

Directions to 38 Victoria Road, Dartmouth, NS (MLS® 202604395): Ochterloney to Victoria Road

Listing Courtesy of: Royal LePage Atlantic

Community Features


Schools

TypeName
Elementary SchoolBicentennial School
Middle SchoolBicentennial School
High SchoolDartmouth High School
Elementary School (Fr. Imm.)Shannon Park Elementary School
Middle School (Fr. Imm.)Dartmouth South Academy
High School (Fr. Imm.)Dartmouth High School

Demographics for 38 Victoria Road, Dartmouth, NS (MLS® 202604395)

Census Year: 2016

12090172
  • Subdivision Name: Halifax
  • Population Count: 535
  • Private Dwellings Count: 385
  • Land Area: 0.13 Km2

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