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 unitan appealing mix for a wide range of tenants. Situated on Gottingen Street, one of Halifaxs most dynamic and evolving corridors, the property is surrounded by cafés, restaurants, and cultural hubs, with the Halifax Commons just steps away. Walkable access to hospitals, universities, downtown, and major transit routes continues to support strong and consistent rental demand. Current rents are $1,590 + utilities, $1,967 + utilities, and $1,580 + utilities, with tenants responsible for their own utilities. From an investment perspective, this location performs. The property offers 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. A compelling opportunity for investors seeking a centrally located multi-unit property in one of Halifaxs most established rental markets. (id:4069)
Address
2542 Gottingen Street
List Price
$849,900
Property Type
Multi-family
Type of Dwelling
Multi-family
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
