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1645 Oxford Street, 1647 Oxford Street Halifax, Nova Scotia B3H 3Z5

10 Bedroom 3 Bathroom 4731 sqft
Heat Pump

$1,575,000

Turnkey income property located in Halifaxs premier university rental corridor & within walking distance to multiple universities & major hospitals. Ideally positioned for the high demand student rental market with an approximate 6% CAP RATE. Welcome to 1645/1647 Oxford Street, a fully rented South End legal duplex just steps from Dalhousie University, offering 10 bedrooms, parking for four vehicles & strong stable rental income. Positioned on a 5250 sq ft corner lot within the ER3 Low Rise High Density zone under the HRM Centre Plan, the property offers excellent long term redevelopment potential while generating strong current income. The building is configured as a seven bedroom upper flat spanning two levels & a bright three bedroom lower unit with open concept kitchen & living area. The property generates an approximate Net Operating Income of $94574, providing stable cash flow in one of Atlantic Canadas strongest & most reliable rental markets. Each unit features separate entrances & separate power meters, allowing simplified management & efficient operation. The property has been well maintained & extensively upgraded, reducing near term capital expenditure requirements. Major improvements since 2015 include addition of the basement unit renovated in 2024, upgraded electrical panels & wiring, replacement of the lead water service line & interior cast iron waste piping, blown in wall insulation, installation of heat pumps, exterior drainage improvements, updated siding & windows, & roof shingles replaced in 2023. Located adjacent to Dalhousie & Kings College campuses & within walking distance to hospitals, universities & amenities, the property benefits from strong rental demand, historically low vacancy rates & continued enrolment growth, making it a reliable long term income producing asset. Rare opportunity to acquire a turnkey South End multi unit with strong cash flow & redevelopment potential. (id:49105)

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Property Details

MLS® Number 202604064
Property Type Single Family
Community Name Halifax
Amenities Near By Park, Playground, Public Transit, Shopping, Place Of Worship
Community Features Recreational Facilities

Building

Bathroom Total 3
Bedrooms Above Ground 7
Bedrooms Below Ground 3
Bedrooms Total 10
Appliances Range, Dishwasher, Dryer, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1930
Construction Style Attachment Up And Down
Cooling Type Heat Pump
Exterior Finish Vinyl
Flooring Type Ceramic Tile, Hardwood, Vinyl
Foundation Type Poured Concrete
Stories Total 2
Size Interior 4731 Sqft
Total Finished Area 4731 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Land Amenities Park, Playground, Public Transit, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.1205
Size Total 0.1205 Ac
Size Total Text 0.1205 Ac

Rooms

Level Type Dimensions
Second Level Bedroom 13.7 x 12.1
Second Level Bedroom 15.1 x 19.11
Second Level Bedroom 8.6 x 13.7
Second Level Bath (# Pieces 1-6) 10.6 x 7.5
Second Level Laundry Room 13.2.5 x 6
Basement Kitchen 7.8 x 19.5
Basement Laundry Room 7.10 x 4.11
Basement Other 12. x 9
Basement Recreational, Games Room 17.6 x 34.10
Basement Utility Room 11.11 x 4.8
Basement Bath (# Pieces 1-6) 11.7 x 5
Basement Bedroom 14.1 x 11.7
Basement Bedroom 13.11 x 13.8
Basement Bedroom 15.3 x 12.4
Main Level Dining Room 4.2 x 6.10
Main Level Kitchen 13.2 x 13.9
Main Level Living Room 13.2 x 20.1
Main Level Other 10.4 x 5.7 Servery
Main Level Storage 6.4 x 3.3
Main Level Primary Bedroom 13.2 x 14.4
Main Level Bedroom 13.2 x 10.3
Main Level Bedroom 16.4 x 10.2
Main Level Bedroom 16.3 x 10.3
Main Level Bath (# Pieces 1-6) 10.11 x 6.7

https://www.realtor.ca/real-estate/29440093/1645-oxford-street-1647-oxford-street-halifax-halifax

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