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:45785)
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 |
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 |
None |
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 |
https://www.realtor.ca/real-estate/28318829/1178-queen-street-halifax-halifax
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Sandra Bryant