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Home NS Greater Halifax Halifax Dartmouth Gaston
37 Gaston Road
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37 Gaston Road $1,115,000
4 days ago
$1,115,000
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37 Gaston Road
Dartmouth, Nova Scotia B2Y3W2

MLS® Number: 202505983

Listing 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 (3 long term tenants likely 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 endless potential. ***Please note that showings are available during designated times only, due to elderly tenants: Tuesday, Thursday, and Sunday from 11 AM to 1 PM. (230588265)

Location Description

From Portland St to Gaston Rd.

Property Summary

Property Type
Multi-family
Building Type
Apartment
Community Name
Dartmouth
Title
Freehold
Land Size
0.1387 ac
Built in
1965
Parking Type
Parking Space(s)
Time on REALTOR.ca
4 days

Price and Sale History

Date Status Price
Oct 28, 2020 Sale Closed $620,000

Building

Interior Features
Appliances Included
Stove, Dryer, Washer, Refrigerator
Flooring
Ceramic Tile, Hardwood
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Concrete Perimeter
Rental Equipment
Propane Tank
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Park, Playground, Public Transit, Shopping
Parking
Parking Type
Parking Space(s)
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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