$1,500,000
Prime 5-Unit Investment Property in Downtown Halifax. Located in the heart of the highly sought-after South End of Halifax, this exceptional 5-unit building on Queen Street presents a rare investment opportunity. Just minutes from major hospitals, both Dalhousie and Saint Marys Universities, and the vibrant Halifax waterfront, the location is second to none. This 8 bedroom, 5 bathroom, three-level building offers a mix of thoughtfully laid-out unitsranging from bachelor suites to three-bedroom apartmentsmost with private balconies and excellent natural light. Currently generating $7,786 in monthly rental income, all units are fully leased, with a strong history of low vacancy and reliable quality tenants. Investors will appreciate the strong rental demand and premium market rents this property commands. A key upgrade includes the installation of a natural gas boiler system, contribute to lower operating costs and improved energy efficiency. Whether you're expanding your portfolio or seeking a solid income-generating asset in one of Halifaxs most desirable neighborhoods, this property checks all the boxes. (id:63476)
Property Details
|
MLS® Number |
202601446 |
|
Property Type |
Multi-family |
|
Community Name |
Halifax |
|
Amenities Near By |
Park, Playground, Public Transit, Shopping, Place Of Worship |
|
Community Features |
Recreational Facilities, School Bus |
|
Features |
Balcony |
Building
|
Appliances |
Stove, Dryer, Washer/dryer Combo, Refrigerator |
|
Basement Type |
Crawl Space |
|
Exterior Finish |
Vinyl |
|
Flooring Type |
Hardwood, Laminate, Tile |
|
Foundation Type |
Stone |
|
Type |
Apartment |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Land Amenities |
Park, Playground, Public Transit, Shopping, Place Of Worship |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
0.0627 |
|
Size Total |
0.0627 Ac |
|
Size Total Text |
0.0627 Ac |