224-238 Gabriel Road, Falmouth, NS

$2,145,000

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20

Beds

1.34

Acres

About 224-238 Gabriel Road

Exceptional Duplex Rental Portfolio - Introducing a premier 8-unit rental portfolio on desirable Gabriel Road in Falmouth. The package consists of 4 PIDs, each with a quality-built detached duplex featuring a spacious 3-bed, 1-bath upper unit paired with a versatile 2-bed+den, 1-bath lower unit. Thoughtfully-designed, functional layouts offer private entries, ample parking, and inviting outdoor spaces including front and rear decks.  The interiors showcase beautiful finishes throughout, large eat-in kitchens, open living spaces and expansive windows that provide abundant natural light. Practical touches include large bathrooms with laundry and over-sized utility closets for extra storage.  The naturally sloping lot allows for full walk-outs that keep the lower units bright and airy year-round.  Duplex living consistently attracts high-quality tenants and families drawn to the privacy, yard space and convenience over larger apartment complexes.  Proximity to excellent schools, local shopping, groceries, cafes and essential services ensures everyday convenience, along with easy access to the local sports complex and hospital in Windsor. Quick highway access also makes Halifax a manageable commute, broadening the appeal for stable tenant acquisition for years to come. These properties are professionally managed and meticulously maintained, providing a turn-key income-producing asset with quality tenants on a mix of fixed-term and month-to-month leases. Plus, the contiguous nature of this portfolio delivers powerful economies of scale, reducing property management costs, maintenance logistics and landscaping expenses compared to scattered holdings.   Properties of this nature and calibre rarely become available. This is an ideal acquisition for investors seeking a substantial multi-family portfolio in a single transaction all with the long-term flexibility of multiple PIDs.

Features of 224-238 Gabriel Road

MLS® # 202619224
Price $2,145,000
Bedrooms 20
Acres 1.34
Year Built 2013
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 224-238 Gabriel Road
Area Annapolis Valley
District Hants County
Sub-District V1
City Falmouth
County Hants
Province NS
Postal Code B0N 2T0

Amenities

Utilities Electricity Connected
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Refrigerator, Dishwasher, Washer, Dryer
Heating Baseboard
Fireplace No
Has Basement Yes
Basement Finished

Exterior

Lot Description 1 to 2.99 Acres
Roof Asphalt
Construction Vinyl Siding
Foundation Concrete Perimeter

School Information

Elementary Falmouth District School
Middle West Hants Middle School
High Avon View High School

Additional Information

Zoning R1

Listing Details

OfficeEngel & Volkers (Wolfville)

Listing Map

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