1278 Queen Street, Halifax , B3J2H4
Listing ID: 202227429
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$2,499,000
Price
Built: 1880
Listed: 1 year ago
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Property 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. (id:26452)

Semi-detached located at 1278 Queen Street. The property was built in 1880. 1278 Queen Street is in the Halifax neighborhood.
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Listed by: RE/MAX NOVA - 15867

Mortgage Estimation Calculate Your Own

20% down payment
$8,756
per month
35% down payment
$7,114
per month
50% down payment
$5,472
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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Candice Blaney
(902) 489-4763

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Candice Blaney
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment