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1278 Queen Street
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1278 Queen Street $2,499,000
$2,499,000
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1278 Queen Street
Halifax, Nova Scotia B3J2H4

MLS® Number: 202227429

Listing 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. (227362828)

Location Description

Spring Garden Road to Queen Street South

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Community Name
Halifax
Title
Freehold
Land Size
under 1/2 acre
Built in
1880
Parking Type
Gravel, Parking Space(s), Shared
Time on REALTOR.ca
564 days

Building

Interior Features
Appliances Included
Dishwasher, Washer/Dryer Combo, Refrigerator
Flooring
Ceramic Tile, Hardwood, Tile
Building Features
Features
Balcony
Foundation Type
Block, Concrete Perimeter, Concrete Slab
Building Amenities
Fireplace(s)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood shingles
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Park, Public Transit, Shopping, Place of Worship
Parking
Parking Type
Gravel, Parking Space(s), Shared
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4
902-489-4763
902-481-8827
REALTOR® Website
Email
Book showing
RE/MAX Nova (Halifax)
397 Bedford Hwy
Halifax, Nova Scotia B3M2L3
902-453-9300
902-450-0511
Office Website
Paul MacNeil
902-478-6753
902-481-1064
902-478-6753
REALTOR® Website
Email
Book showing
RE/MAX Nova
32 Akerley Blvd Unit 101
Dartmouth, Nova Scotia B3B1N1
902-468-3400
902-468-3702
Office Website

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