$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:40687)
Property Details
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MLS® Number
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202511167 |
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Property Type
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Multi-family |
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Community Name
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Halifax |
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Amenities Near By
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Park, Playground, Public Transit, Shopping, Place Of Worship |
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Community Features
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Recreational Facilities, School Bus |
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Features
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Balcony |
Building
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Appliances
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Stove, Dryer, Washer/dryer Combo, Refrigerator |
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Basement Type
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Crawl Space |
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Exterior Finish
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Vinyl |
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Flooring Type
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Hardwood, Laminate, Tile |
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Foundation Type
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Stone |
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Type
|
Apartment |
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Utility Water
|
Municipal Water |
Parking
Land
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Acreage
|
No |
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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 |
https://www.realtor.ca/real-estate/28318829/1178-queen-street-halifax-halifax