1278 Queen Street, Halifax, (MLS® 202227429) RE/MAX nova
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1278 Queen Street, Halifax

0 0 0 sqft
$2,499,000 For Sale

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.

Listing Details

Address
1278 Queen Street, Halifax, B3J 2H4

Status
ACTIVE
Listing Price
$2,499,000
MLS®
202227429
Type
n/a
Style
---
Age
142
PID
00093658

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Block,Concrete,Slab
Roof
Asphalt Shingle,Tar/Gravel
Exterior Finish
Wood Shingles
Flooring
Ceramic,Hardwood,Tile

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Virtual Tour

Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
All appliances
Exclusions
personal & tenants belongings

Sales History

Halifax Regional Municipality Data

Zoning
SHR
By-Law Code: 10
By-Law Area
Halifax Peninsula
By-Law Code: HPEN
Polling District
Halifax South Downtown
Concillor: Waye Mason
Waste Collection
MONDAY
Contractor: REgroup

Tax Assessment

Year Amount % Change
2024 $1,007,500 ---
2023 $974,900 ---
2022 $913,900 ---
2021 $875,500 ---
2020 $913,400 ---
2019 $904,800 ---
2018 $881,800 ---
2017 $882,200 ---
2016 $853,400 ---
2015 $846,500 ---
2014 $1,655,400 ---
2013 $568,700 ---
2012 $572,700 ---

Maps

Mortgage Inquiries

Last Updated On: 5/21/2024 3:19:20 PM (UTC)