About 3176/78/80 Stanford Street
Welcome to the desirable West End of Halifax, where an exceptional investment opportunity awaits you. This freshly updated triplex is not only a fantastic income property but also offers the potential for a comfortable owner-occupied lifestyle. With an estimated gross revenue of $60,600 and an impressive cap rate of 5.02%, this property promises a rewarding return on investment. Highlights: Live-in and Earn: The triplex layout allows you to occupy one of the spacious 2-bedroom units while renting out the others or to help you expand your real estate portfolio. Freshly Updated: Every unit in the building has been thoughtfully updated, ensuring a modern and comfortable living experience. New kitchens in each unit provide both functionality and aesthetics. Propane Hot Water Baseboard Heating: Enjoy efficient and reliable heating, a valuable feature for both owners and tenants, ensuring warmth during Halifax's winters. Exterior Upgrades: freshly paved upper driveway, a new back deck for the middle unit, and new gutters. Prime Location: This triplex is ideally situated in the West End of Halifax, offering close proximity to schools, shopping centers, both bridges, Highway 103, and convenient bus routes. . Current Rent: Upper/Lower Unit: $1,500/month, increasing to $1,575 starting Feb 1, 2024. Middle Unit: Vacant: Estimated rent of $1,900/month. Don't miss the chance to explore this investment gem further!This is your opportunity to see the property in person, envision the possibilities, and secure a prime piece of Halifax real estate. Make your mark in the West End, where the future is bright and the potential is limitless.
