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 Mary?s 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 units?ranging from bachelor suites to three-bedroom apartments?most 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 Halifax?s most desirable neighborhoods, this property checks all the boxes. (230829996)
From Spring Garden Rd turn down Queen St, Building on the right after South & Queen intersection
Property Type
Multi-family
Time on REALTOR.ca
3 days
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