1178 Queen Street

Prime 5-Unit Investment Property in Downtown Halifax. Located in the heart of the highly sought-after South End of Halifax, this exceptional 5-unit building on Queen Street presents a rare investment opportunity. Just minutes from major hospitals, both Dalhousie and Saint Marys Universities, and the vibrant Halifax waterfront, the location is second to none. This 8 bedroom, 5 bathroom, three-level building offers a mix of thoughtfully laid-out unitsranging from bachelor suites to three-bedroom apartmentsmost with private balconies and excellent natural light. Currently generating $7,786 in monthly rental income, all units are fully leased, with a strong history of low vacancy and reliable quality tenants. Investors will appreciate the strong rental demand and premium market rents this property commands. A key upgrade includes the installation of a natural gas boiler system, contribute to lower operating costs and improved energy efficiency. Whether you're expanding your portfolio or seeking a solid income-generating asset in one of Halifaxs most desirable neighborhoods, this property checks all the boxes. (id:53361)