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Real Estate Company
Cordwood & Penwood Lane, Upper Hammonds Plains, NS B4B 2H9
- $4,448,000
- 24
- BD
- List Price
- $4,448,000
- Status
- ACTIVE
- MLS#
- 202624490
- Bedrooms
- 24
- Lot Size (Acres)
- 2.65
- Year Built
- 2023
Property Description
Rare opportunity to acquire two newly built six-unit bungalow townhouse buildings, offering a total of 12 modern residential units designed for long-term rental appeal, low-maintenance ownership, and strong tenant demand. Less than five years old, these slab-on-grade buildings provide investors with the confidence of newer construction, efficient systems, and a highly marketable unit mix. Each unit features a bright and functional bungalow-style layout with 2 bedrooms, 2 full bathrooms, an attached garage, stainless steel appliances, stone countertops, and a ductless heat pump providing efficient heating and cooling year-round. The single-level design appeals to a wide range of tenants, including downsizers, professionals, small families, and those seeking accessible, low-maintenance living. With modern finishes, private garages, and individual townhouse-style entrances, this offering stands apart from traditional apartment-style rentals. The combination of newer construction, desirable layouts, and durable finishes helps support tenant retention while reducing the capital improvement concerns often associated with older multi-unit assets. Purpose-built for today’s rental market, this is an excellent opportunity for investors seeking a stabilized, turnkey multi-residential asset with strong curb appeal, efficient operation, and long-term income potential. Units are currently at 100 percent occupancy! **Option for mortgage assumption or share sale to save on fees and streamline the process!
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Additional Information
- Area
- Halifax - Dartmouth
- Stories
- 1
- Flooring
- Laminate
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt
- Utilities
- Electricity Connected
- Sewer
- Septic Tank
- Elementary School
- Hammonds Plains Consolidated Elementary School
- Middle School
- Madeline Symonds Middle School
- High School
- Charles P Allen High School
- Appliances
- Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator
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Listing courtesy of Coldwell Banker Maritime Realty.