1278 Queen Street - MLS® # 202227429

Property Details

List Price:
$2,499,000
Living Area:
0 sqft.
Bedrooms:
N/A
Bathrooms:
N/A
Lot Size Area:
under 1/2 acre
Taxes:
N/A
Type:
Fourplex
Style:
N/A
Basement:
Year Built:
1880

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:2469)

Features

Balcony

Amenities

Park, Public Transit, Shopping, Place of Worship

Listing Provided By

RE/MAX Nova (Halifax)

Neighborhood Info

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  • John Linders
  • 902-488-4388
  • 902-488-4388
  • linders@istar.ca
  • Halifax