1278 Queen Street

Multi-family For Sale in Halifax, Nova Scotia

$2,499,000

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:4069)
Address 1278 Queen Street
List Price $2,499,000
Property Type Multi-family
Type of Dwelling Fourplex
Area Nova Scotia
Sub-Area Halifax
Year Built 1880
MLS® Number 202227429
Listing Brokerage RE/MAX Nova (Halifax) | RE/MAX Nova
Postal Code B3J2H4
Site Influences Park, Public Transit, Shopping, Place of Worship
Features Balcony
Amenities Fireplace(s)

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Avalon Realty Ltd.

PO Box 8651 Halifax Halifax NS B3K 5M3

Office: 902 221 4740

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