Excellent opportunity to acquire a fully rented triplex in the heart of downtown halifax, one of the city's strongest and most consistent rental markets with cen-2 zoning. The property offers three self-contained units, including two 2-bedroom units and one 1-bedroom unit, all currently rented on fixed-term leases, providing immediate and reliable income. Each unit offers a functional layout, good natural light, and a comfortable blend of character and modern updates. The building generates approximately $66,600 in annual rental income, with tenants paying their own heat and electricity, contributing to efficient operating costs. The current owner has invested approximately $100,000 in recent upgrades, significantly reducing future capital requirements. Improvements include all new electrical, conversion to electric heating, plumbing upgrades, in-unit washers and dryers in all units, new water heaters, bathroom upgrades, flooring upgrades, and a dishwasher added to the main-floor unit. Well-located within walking distance of universities, hospitals, transit, shopping, and downtown amenities, this property offers strong tenant demand and long-term investment stability. A turnkey asset ideal for investors seeking solid income in a proven location.
Dwelling Details
Commercial Space
No
Year Built (approx)
0
Heating
Baseboard,Other
Fuel Type
Electric
Foundation
Concrete
Basement
Fully Developed,Walkout
Exterior
Wood Shingles
Dimensions
22' X 50' +/-jogs
Roof
Rolled
Flooring
Ceramic,Laminate,Linoleum,Softwood,Vinyl Plank
Appliances
Stove,Dishwasher,Washer/Dryer Combo,Refrigerator
Building Feat
Fireplace(s),Laundry
Rental Equip
None
Land Details
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
PID#
00102731
Community Feat
Park,Playground,Public Transit,Recreation Center,School Bus Service,Shopping,Place of Worship
County
Halifax
Postal Code
B3H 1R1
Directions
South Park St. To Fenwick St., Or Queen St. To Fenwick St.
Parking/Garage Details
Garage
No
Garage Details
Driveway
Gravel,Single
Parking Y/N
n/a
RENTAL UNITS & APPLIANCES
Bach Units
0
1 Bedrm Units
1
2 Bedrm Units
2
3 Bedrm Units
0
4 Bedrm Units
0
Units Occupied
3
Stoves
3
Fridges
3
Dishwashers
1
Microwaves
0
Washers
3
Dryers
3
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