$879,900

Investment For Sale In North End, Halifax, Nova Scotia

$879,900

Property Information:

Well-located triplex in the heart of Halifaxs vibrant North End, offering immediate rental income and long-term growth potential. The property features three self-contained units: one spacious two-bedroom, one one-bedroom plus den, and one one-bedroom unitproviding a desirable mix that appeals to a broad tenant base. Situated on Gottingen Street, one of Halifaxs most dynamic and evolving corridors, this property is surrounded by local cafés, restaurants, and cultural hubs, with the Halifax Commons just steps away. Walkable access to hospitals, universities, downtown, and major transit routes continues to drive strong and consistent rental demand, supported by nearby employment centres and ongoing neighbourhood revitalization. From an investment perspective, this location performs. The building supports solid fundamentals with reliable income and projected returns that reflect the strength of the area, with estimates indicating up to a 109% return on investment over five years based on current assumptions. An excellent opportunity for investors seeking a centrally located multi-unit property in a proven rental market with upside for the future. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Exterior Finish: Wood siding
  • Flooring Type: Laminate, Tile
  • Foundation Type: Concrete Perimeter
  • Appliances: Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Park, Playground, Public Transit, Shopping
  • Community Features: Recreational Facilities
  • Irregular: Yes
  • Lot Size: 0.05 Acres
  • Sewer: Municipal sewage system
  • Parking Type: None

Courtesy of: Royal LePage Atlantic

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Well-located triplex -
  • Bright and welcoming -
  • Open and inviting -
  • Efficient ductless heat pump for heating & cooling -
  • Big bright windows -
  • Great flow to the dining room -
  • Great dining room -
  • Functional space for everyday meal -
  • Seamlessly connected to the living area -
  • Lots of natural lights -
  • Well-laid-out kitchen -
  • Stainless steel appliances -
  • Looking into nice backyard space -
  • Lots of counter space -
  • Well-sized bedroom -
  • Comfortable & offering quiet retreat -
  • Full bathroom -
  • Great mudroom space -
  • Upper unit living room -
  • Welcoming space to relax -
  • Upper unit fully equipped kitchen -
  • Lots of windows with natural lights -
  • Upper unit primary bedroom -
  • Great layout -
  • Ample closet space -
  • Upper unit second bedroom -
  • Upper unit full bathroom -
  • Clean & functional -
  • Lower level unit Kithchen -
  • Lower level unit full bathroom -
  • Lower level living room -
  • Lower level unit bedroom -
  • Lower level unit Den -
  • Separate entrance for each unit -
  • Ideally situated on Gottingen St -
  • One of the city's most evolving location -
  • Main floor unit floor plan -
  • Upper unit floor plan -
  • Halifax Commons just steps away -
  • Just around the corner from Cogswell district project -
  • Quick access to Macdonald Bridge -
  • Compelling opportunities for investors seeking central location -
  • Including estimates indicating 109% ROI -
  • Great backyard space -