Description
Welcome to this extraordinary income property nestled in the heart of Downtown Halifax, within the prestigious Schmidtville Heritage neighborhood. These very well maintained, spacious apartments are highly sought after. Indulge in the convenience of a 5 minute stroll to the finest shopping boutiques, exquisite restaurants, vibrant bars, and captivating entertainment venues that Halifax is renowned for. Moreover, revel in the proximity to all major hospitals and esteemed universities, this property presents an exceptional opportunity for a remarkable family home with supplementary income commencing next year. This grand home underwent a complete renovation in 2019, enhancing its allure with the addition of a full 3rd story and an opulent rooftop patio. While preserving the timeless charm, this magnificent abode effortlessly accommodates both indoor and outdoor entertaining, ensuring that every occasion becomes an unforgettable experience.The primary house spans over 3500 sq/ft and is currently leased until April 2024, generating a remarkable monthly income of $7100. Parking for 4 at the rear of the property. The versatility of this building permits various uses, allowing you to explore numerous possibilities. Comprising two 1-bedroom suites with infloor heating, and two 4-bedroom suites, Alternatively, it offers an even more lucrative investment for your future endeavors. With a NOI of $134,079, this property is a testament to its remarkable potential. Prepare to be captivated by the multitude of outstanding features this building possesses. For further details, please do not hesitate to reach out.
Listing Details
1278 Queen Street, Halifax, B3J 2H4
ACTIVE
$2,595,000
202227481
Single Family
Detached
142
3,406 ft2
3,406 ft2
00093658
4
3
1
Municipal
Municipal
Cable,Electricity,Natural Gas
Building Specifications
Block Concrete,Poured Concrete,Slab
Asphalt Shingle,Steel
Masonite/Colour Lock
Ceramic,Hardwood,Tile
