$1,495,000

1645 Oxford Street, 1647 Oxford Street

Halifax Nova Scotia B3H 3Z5

Single Family
4731.0 square feet
10
3
MLS® 202604064
Listing Courtesy of The Agency Real Estate Brokerage

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)

ID:
202604064
Category:
Single Family
Status:
Active
Living Area:
4731.0 square feet
Stories:
2.00
Bathrooms:
3
Bedrooms:
10
Lot:
0.1205 acres
MLS® Number:
202604064
Common Interest
Freehold
Parcel Number:
00048223
Year Built:
1930
Building Type:
Duplex
Community Name:
Halifax
Days On Market:
90
Community Features
  • Recreational Facilities
Appliances
  • Washer
  • Refrigerator
  • Dishwasher
  • Range
  • Dryer
Cooling
  • Heat Pump
Foundationd Details:
  • Poured Concrete
Basement:
  • Finished
  • Full
Exterior Features:
  • Vinyl
Flooring:
  • Hardwood
  • Ceramic Tile
  • Vinyl
Parking Features:
  • Paved Yard
  • Parking Space(s)
Structure Type:
  • Duplex
Water Source:
  • Municipal water
Sewer:
  • Municipal sewage system
Dining room 4.2 x 6.10
Kitchen 13.2 x 13.9
Living room 13.2 x 20.1
Other 10.4 x 5.7 Servery
Storage 6.4 x 3.3
Primary Bedroom 13.2 x 14.4
Bedroom 13.2 x 10.3
Bedroom 16.4 x 10.2
Bedroom 16.3 x 10.3
Bath (# pieces 1-6) 10.11 x 6.7
Bedroom 13.7 x 12.1
Bedroom 15.1 x 19.11
Bedroom 8.6 x 13.7
Bath (# pieces 1-6) 10.6 x 7.5
Laundry room 13.2.5 x 6
Kitchen 7.8 x 19.5
Laundry room 7.10 x 4.11
Other 12. x 9
Recreational, Games room 17.6 x 34.10
Utility room 11.11 x 4.8
Bath (# pieces 1-6) 11.7 x 5
Bedroom 14.1 x 11.7
Bedroom 13.11 x 13.8
Bedroom 15.3 x 12.4
Corner Oxford & Jennings
Neighbourhood map for property at 1645 Oxford Street, 1647 Oxford Street
1645 Oxford Street, 1647 Oxford Street Halifax
Provincial Map showing 1645 Oxford Street, 1647 Oxford Street
1645 Oxford Street, 1647 Oxford Street Halifax

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