$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 $7,208 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:61635)
Property Details
MLS® Number
|
202511167 |
Property Type
|
Multi-family |
Neigbourhood
|
South End |
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 |