Well-located triplex in the heart of Halifaxs vibrant North End, offering immediate rental income and long-term growth potential. The property features three self-contained units: one spacious two-bedroom, one one-bedroom plus den, and one one-bedroom unitproviding a desirable mix that appeals to a broad tenant base. Situated on Gottingen Street, one of Halifaxs most dynamic and evolving corridors, this property is surrounded by local cafés, restaurants, and cultural hubs, with the Halifax Commons just steps away. Walkable access to hospitals, universities, downtown, and major transit routes continues to drive strong and consistent rental demand, supported by nearby employment centres and ongoing neighbourhood revitalization. From an investment perspective, this location performs. The building supports solid fundamentals with reliable income and projected returns that reflect the strength of the area, with estimates indicating up to a 109% return on investment over five years based on current assumptions. An excellent opportunity for investors seeking a centrally located multi-unit property in a proven rental market with upside for the future. (id:4069)
Address
2542 Gottingen Street
List Price
$879,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Halifax
Lot Size
0.0533 Sq. Ft.
MLS® Number
202602009
Listing Brokerage
Royal LePage Atlantic
Postal Code
B3K3C4
Site Influences
Park, Playground, Public Transit, Shopping, Place of Worship
