Address
1278 Queen Street, Halifax, NS
Price
$ 2,499,000
Property Attributes
  • ID#202227429
  • TypeMulti-Family
  • CityHalifax
  • NeighbourhoodHalifax
  • Postal CodeB3J 2H4
  • Style
  • Price$ 2,499,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Exceptional Investment Opportunity in Halifax. 4 prime units in a prime location, situated within a mere 5-minute stroll from Halifax's finest shopping, gourmet restaurants, lively bars, and entertainment hotspots, this property offers unparalleled convenience and lifestyle. Moreover, its proximity to hospitals and esteemed universities enhances its desirability, ensuring top notch tenants. Lucrative Rental Income. With a prime location and premium amenities, it's no surprise that this property commands impressive rental rates. Currently leased until April 2025 for $7100 per month, the primary house alone contributes significantly to the substantial NET INCOME of $152,497. Additionally, the property features two 1-bedroom suites and a 4-bedroom suite, all offering attractive rents, further bolstering its profitability. Versatility and Potential. The beauty of this property lies in its versatility. With the flexibility to accommodate various uses, from a lucrative investment venture to a remarkable family home with supplementary income, the possibilities are endless. Whether you're an astute investor or a discerning homeowner, this property offers a lifestyle that goes along with it. Prepare to be captivated by the multitude of outstanding features this home and building possess. (id:7434)

General Features

Features Balcony
Community Features Recreational Facilities,School Bus
Property Type Multi-family
CommunityName Halifax
Ammenities Park,Public Transit,Shopping,Place of Worship
Building Amenities Fireplace(s)
Building Appliances Dishwasher,Washer/Dryer Combo,Refrigerator
Location Description Spring Garden Road to Queen Street South
Foundation Type Block,Concrete Perimeter,Concrete Slab
Building Type Fourplex
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Flooring Type Ceramic Tile,Hardwood,Tile

Exterior Features

Land Amenities Park,Public Transit,Shopping,Place of Worship
Sewer Municipal sewage system
Exterior Finish Wood shingles

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in B3J 2H4

Price
AVG $2.5M
$2.5M
Visits
AVG 819
821
Data Provided by Inside Real Estate®
Year Built
AVG 1880
1880
Walkscore
AVG 64
64
Data Provided by Walkscore® not using MLS data