Key Facts
- MLS® #: 202521523
- Property ID: SIRC2647477
- Property Type: Residential, Multi-Family Home
- Lot Size: 6,041.77 sq.ft.
- Year Built: 1965
- Bedrooms: 11
- Listed By:
- Coldwell Banker Maritime Realty
Property Description
Welcome to 37 Gaston Road! This fantastic 6-unit building (featuring five 2-bedroom units and one 1-bedroom unit) presents an incredible investment opportunity. Thoughtfully updated over the last four years, the property boasts modern improvements that ensure both integrity and efficiency. From brand-new windows, a recently replaced roof, to a top-of-the-line propane heating system, bathtubs, paint, brick repointing, secure front door with an intercom system, and so much more - every major detail has been taken care of. With rents currently well below market value, this property offers tremendous upside potential (1 Unit will be vacant by Nov 30, with a couple others potentially leaving soon due to health reasons). Investors have the added opportunity to enhance the value even further with cosmetic upgrades. Additionally, the 1-bedroom unit has the potential to be converted into a 2-bedroom, increasing the total number of bedrooms while further maximizing rental income. Installing in-unit laundry could further boost returns, though tenants already enjoy the convenience of on-site coin-operated laundry. Located on major transit routes, 37 Gaston Road is just minutes from key amenities. Downtown Dartmouth, hospitals, grocery stores, pharmacies, and NSCC College are all within easy reach, making it a highly desirable location for tenants. Don't miss out on this fantastic opportunity to secure a solid investment with lots of potential!
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Location
37 Gaston Road, Dartmouth, Nova Scotia, B2Y 3W2 Canada
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