2078 OXFORD STREET, HALIFAX REGIONAL MUNICIPALITY, NS B3L2T2

Property Description for 2078 Oxford Street

Welcome to 2078 Oxford Street Nestled in one of the citys most sought-after neighborhoods, this well-maintained home offers unmatched conveniencejust steps from schools, universities, public transit, and all essential amenities. Spanning 1,954 sq ft, the main level features a spacious entryway, a generous living room, separate dining area, a large kitchen, and a dedicated laundry space. Beautiful hardwood flooring throughout the main areas retains the homes original character. Upstairs, youll find four well-sized bedrooms and a full bathroom. The fully finished basement includes a self-contained in-law suite with a private entrance, complete with a full kitchen, dining area, two sizable bedrooms, and a bathroomideal for extended family or rental income. Currently generating $82,089.36 annually in rental income, this property stands out as one of the top income-producing homes in the area. With annual operating expenses of $16,961, the investment yields a strong 7.44% cap rate after expenses. Zoned ER-3, the property permits up to a four-unit dwelling. For developers or investors seeking greater opportunity, this home can be purchased individually or as part of a package with 20702072 Oxford Streetunlocking the potential to build up to 12 units in total. This is a rare investment opportunity in a prime location. Dont miss your chance to secure a high-performing asset with future development potential. (id:38686)