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$ 929,900
Est. payment | /mo
2,326 Sqft Lot
$ 929,900
Est. payment | /mo
2,326 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Halifax Peninsula
MLS® Listing ID 202602006
Lot Size 2,326 Sqft
Acres 0.0534
Property Sub-Type Freehold
Property Description
Excellent opportunity to acquire a fully rented triplex in the heart of downtown Halifax, one of the citys strongest and most consistent rental markets with CEN-2 Zoning. The property offers three self-contained units, including two 2-bedroom units and one 1-bedroom unit, all currently rented on fixed-term leases, providing immediate and reliable income. Each unit offers a functional layout, good natural light, and a comfortable blend of character and modern updates. The building generates approximately $66,600 in annual rental income, with tenants paying their own heat and electricity, contributing to efficient operating costs. The current owner has invested approximately $100,000 in recent upgrades, significantly reducing future capital requirements. Improvements include all new electrical, conversion to electric heating, plumbing upgrades, in-unit washers and dryers in all units, new water heaters, bathroom upgrades, flooring upgrades, and a dishwasher added to the main-floor unit. Well-located within walking distance of universities, hospitals, transit, shopping, and downtown amenities, this property offers strong tenant demand and long-term investment stability. A turnkey asset ideal for investors seeking solid income in a proven location. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Ceramic Tile, Laminate, Linoleum, Wood, Vinyl Plank
Exterior
Parking Features No
Community Features Recreational Facilities, School Bus
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by One Percent Realty East Inc.
NEARBY SCHOOL & BUSINESS