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1278 Queen St

Queen StHalifax PeninsulaHalifaxNS, B3J 2H4

-
Beds
-
Baths
3500
Sq. Ft.
$2,499,000
List Price
1278 Queen St, Halifax, NS - 1 of 3
1278 Queen St, Halifax, NS - 2 of 3
1278 Queen St, Halifax, NS - 3 of 3
511 days on market

Quick Summary

  • Prime location within 5-minute walk of Halifax's finest
  • Proximity to hospitals and esteemed universities
  • Lucrative rental income of $7,100 per month
  • Substantial net income of $152,497
  • Versatile property with 4 units and flexible uses

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... Show More

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:54626)

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Property Details

Parking

Gravel,Parking Space(s),Shared

Build

Year Built
1880
Model Name
-
Basement
-
Exterior
Wood shingles
Foundation
Block, Concrete Perimeter, Concrete Slab
Builder Name
-
Stories
-
Flooring
Ceramic Tile, Hardwood, Tile
Roof
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
202227429
Last Updated
May 6, 2024
Brokerage
RE/MAX Nova,RE/MAX Nova (Halifax)
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