1278 Queen Street, Halifax, NS

$2,499,000

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10

Beds

0.10

Acres

About 1278 Queen Street

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.

Features of 1278 Queen Street

MLS® # 202227429
Price $2,499,000
Bedrooms 10
Bathrooms 0.00
Acres 0.10
Year Built 1880
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1278 Queen Street
Area Halifax - Dartmouth
District 2-Halifax South
Sub-District 2-A
City Halifax
County Halifax
Province NS
Postal Code B3J 2H4

Amenities

Utilities Natural Gas Connected
Parking Gravel, Parking Spaces(s), Shared
Is Waterfront No
Has Pool No

Interior

Interior Features Dining Room, Ensuite Bath, Family Room, Multi-Use Rooms, Secondary Suite
Appliances Dishwasher, Washer/Dryer, Refrigerator, Stove, Washer, Dryer
Heating Baseboard, Hot Water, In Floor
Fireplace Yes
Fireplaces Fireplace(s)
Has Basement Yes
Basement Finished

Exterior

Exterior Features Balcony
Lot Description Under 0.5 Acres
Roof Asphalt, Tar/Gravel
Construction Shingle Siding
Foundation Block, Concrete Perimeter, Slab

School Information

Elementary Saint Mary's Elementary School
Middle Gorsebrook Junior High School
High Citadel High School

Additional Information

Days on Market 498
Zoning HCD-SV

Listing Details

OfficeRE/MAX Nova (Halifax)

Listing Map

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