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$ 1,500,000
Est. payment /mo
Active
1178 Queen Street Halifax, NS B3H2S3
2,731 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Halifax
MLS® Listing ID 202511167
Lot Size 2,731 Sqft
Acres 0.0627
Property Sub-Type Freehold
Source Nova Scotia Association of REALTORS®
Property Description
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 on fixed-term agreements, 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:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Flooring Hardwood, Laminate, Tile
Exterior
Parking Features No
Community Features Recreational Facilities, School Bus
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Bryant Realty Atlantic