1524/26 Chestnut Street, Halifax

$1,599,000

0 Beds
0 Baths
0 Sqft
0 Acres

The crown jewel of triplexes, legal occupancy by the HRM for 19 tenants. Located across the street from Dalhousie University, this well cared for triplex has seen many upgrades throughout the years. Vacancy rates have been next to none since 2004. The triplex consists of a two-story, spacious eight-bedroom main unit renting for $5600 per month. A 5-bedroom basement unit rents for $2500 a month, tenants pay their own heat and electricity. The third and newest unit is comprised of a large 6 bedroom unit receiving $3,600 monthly income, tenants pay heat and electricity. Additional potential income includes renting parking spaces and a heated shed for storage revenues. If you are looking for a well taken care of investment property with low projected capital costs and strong proven revenue streams you do not want to miss this opportunity.

Essential Information
MLS® #202007974
Price$1,599,000
TypeMulti-Unit
Sub-TypeTriplex
StatusActive
Community Information
Address1524/26 Chestnut Street
AreaHalifax-Dartmouth
CityHalifax
CountyHalifax
ProvinceNova Scotia
Postal CodeB3H 3T1
District2-Halifax South
Sub-District2-B
Amenities
ParkingConcrete
Features

Balcony, Cable, Dining Room, Laundry, Main Flr Fam Rm, Family Room, Multi-Use Rooms, Storage

Interior
HeatingBaseboard
CoolingBaseboard
Has BasementYes
BasementFully Developed
Appliances

Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Cooktop, Oven, Freezer

Exterior
ExteriorWood Shingles
RoofTar/Gravel
FoundationConcrete
School Information
ElementaryLemarchant-St. Thomas Elementary School
MiddleHalifax Central Junior High School
HighCitadel High School
Additional Information
Days on Market13
ZoningR-2
Listing Details
OfficeDomus Realty Limited

Get directions to this property:

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright© by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.

Sign Up to Start Searching Differently...