1178 Queen Street, Halifax, NS B3H 2S3

$1,500,000
6
BD

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List Price
$1,500,000
Status
ACTIVE
MLS#
202601446
Bedrooms
6
Lot Size (Acres)
0.0627

Property Description

Prime 5-Unit Investment Property in Downtown Halifax. Located in the heart of the highly sought-after South End of Halifax, this exceptional 5-unit building on Queen Street presents a rare investment opportunity. Just minutes from major hospitals, both Dalhousie and Saint Mary’s Universities, and the vibrant Halifax waterfront, the location is second to none. This 8 bedroom, 5 bathroom, three-level building offers a mix of thoughtfully laid-out units—ranging from bachelor suites to three-bedroom apartments—most with private balconies and excellent natural light. Currently generating $7,786 in monthly rental income, all units are fully leased, with a strong history of low vacancy and reliable quality tenants. Investors will appreciate the strong rental demand and premium market rents this property commands. A key upgrade includes the installation of a natural gas boiler system, contribute to lower operating costs and improved energy efficiency. Whether you're expanding your portfolio or seeking a solid income-generating asset in one of Halifax’s most desirable neighborhoods, this property checks all the boxes.

Additional Information

Area
Halifax - Dartmouth
Flooring
Hardwood, Laminate, Tile
Exterior Finish
Vinyl Siding
Roof
Tar/Gravel
Utilities
Natural Gas Connected
Sewer
Municipal
Elementary School
St. Mary'S Education Centre/ Academy
Middle School
Gorsebrook Junior High School
High School
Citadel High School
Appliances
Stove, Dryer, Washer/Dryer, Refrigerator, Washer

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Calculator source: Real Geeks

Listing courtesy of Bryant Realty Atlantic.