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Lynn Violette

lynnvioletterealestate@gmail.com +1(902) 880-7024

Listed by Cheryl Cook • RE/MAX Nova (Halifax)

$ 724,900

Est. payment | -/mo

6 Beds

6,320 Sqft Lot

Save

$ 724,900

Est. payment | -/mo

Save

6 Beds

6,320 Sqft Lot

Open House

Sun Aug 02, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202618896

Bedrooms 6

HOA Y/N No

Year Built 1971

Lot Size 6,320 Sqft

Acres 0.1451

Property Sub-Type Duplex

Source Nova Scotia

Property Description

An income property opportunity is offered with a multitude of upgrades at 5 & 5A Marilyn Drive in Dartmouth. This side-by-side duplex is delivered completely vacant, allowing a buyer to immediately set 2026 market rents. Prior to recent renovations, the units generated rents of $2,400 and $2,600 per month, with tenants paying their own utility bills, currently reflecting a 7% cap rate. Operating expenses consist of approximately $2,600 per year for taxes and $3800 for insurance and maintenance. Power, heat, and water are separately metered for both units, minimizing landlord utility obligations. Each unit provides a 3-bedroom, 1.5-bathroom layout with a partially finished basement and a paved driveway accommodating two cars. In 2026 the extensive upgrades in both units included the electrical systems with new breaker panels, GFI plugs, switches, outlets and modern light fixtures. A new chimney was built from the ground up in 2026. New luxury vinyl plank flooring across all three levels in both units was added in 2026. Both units were freshly painted with designer colors throughout and fresh paint on the four exterior entrances was also added in 2026. The main and upper levels have vinyl windows, four of which are new as of 2026. The roof is 12 years old. Outside features include one fully fenced yard, one partially fenced yard, a storage shed for 5A. This property is located on a very quiet street, close to the fast developing and bustling Downtown Dartmouth core. To add even more value, the property has ER-3 zoning and the potential to be subdivided into two separate lots/two separate units. (Buyer to confirm with HRM). See Features Sheet for full list of upgrades.

Location

Province NS

County Halifax

Area 12-Southdale, Manor Park

Zoning ER-3

Region Halifax - Dartmouth

City Region Halifax - Dartmouth

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air

Flooring Carpet, Hardwood, Vinyl Plank

Inclusions Appliances

Equipment No Rental Equipment

Fireplace No

Appliance Electric Range, Dryer - Electric, Washer, Refrigerator, Stove, Dryer

Exterior

Community Features Park, Near Public Transport, Shopping, Place of Worship

View Y/N No

Roof Type Asphalt

Total Parking Spaces 2

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres

Story 2

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(902) 880-7024

lynnvioletterealestate@gmail.com

5/5A Marilyn Dr Dartmouth, NS B2Y 3W9