Overview

Property Type Duplex

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, 3 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.

Contact us about this listing & It's History

Neighborhood Information

Dartmouth, NS

Dartmouth, affectionately known as the City of Lakes, is located in the eastern part of Nova Scotia, Canada. Situated on the eastern shore of Halifax Harbour, Dartmouth offers a blend of metropolitan life and the serenity of seaside living. The area is known for its picturesque lakes, parks, and the historic Downtown Dartmouth area which is a hub of arts, culture, and culinary delights. The city is also home to several major corporations and government offices, providing ample job opportunities for residents.

The city offers an excellent quality of life with a low cost of living compared to other major Canadian cities. However, one downside could be its relatively colder climate. But for those who enjoy winter sports, this can be an advantage. Dartmouth's events and festivals such as the Natal Day Festival and the Multicultural Festival, are major attractions which draw visitors from around the region.

City Score
73

Dartmouth is a charming city with a mix of urban and seaside living. With its job opportunities, cultural events, and scenic beauty, it's a highly desirable place to live. Its overall score is 73.

Search Nearby Activities
School Score
80

The city has a strong educational infrastructure with excellent public and private schools. The school system offers a good student-teacher ratio and excellent extra-curricular activities, earning it a score of 80.

Search Nearby Schools
Entertainment Score
75

Dartmouth offers a variety of entertainment options from cultural festivals to nightlife spots and gastronomic delights. Its entertainment score is 75.

Search Nearby Restaurants
Activity Score
78

For outdoor enthusiasts, Dartmouth is a paradise with its many lakes, parks, and hiking trails. Moreover, its proximity to the sea offers a host of water-based activities. The city scores 78 in outdoor activities.

Walk Score - 53%

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

Mortgage Calculator

Estimated Monthly Payment:

Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.

Property Details

On Market Date2026-07-28T18:58:49.8
Off Market Date2026-08-27
StatusCONDITIONAL SALE
Price$699,900.00
Year Built1971
NeighborhoodHalifax - Dartmouth
LocationLat: 44.665275, Lng: -63.536422
Square Feet0.00
Lot Size6,321.00
Parking FeaturesTwo driveways - 2 cars can fit per unit
AppliancesRange - Electric,Dryer - Electric,Washer,Refrigerator
HeatingForced Air
CoolingForced Air
SewerMunicipal
RoofAsphalt Shingle
FlooringCarpet,Hardwood,Vinyl Plank
Lot Features6321
Community FeaturesPark,Public Transit,Shopping,Place of Worship
Association Fee0.00
Listing Office Name815
Listing AgentCheryl Cook
Listing Agent Contactcheryl@ilovehomeshalifax.com
MLS®202618896
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.