Listing Details

  • Status: Active
  • MLS® #: 202007974
  • List Price: $1,599,000
  • List Date: May 18, 2020
  • Updated Date: Jul 23, 2020

Share

Overview of 1524/26 Chestnut Street, Halifax (MLS® # 202007974)

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. Full leased September 2020-September 2021.

Inclusions: 7 fridges, 2 dishwasher, 3 washers, 3 dryers, 3 TVs, 2 stoves, 3 couches.

Exclusions: Tenant belongings.

Listing Courtesy of Domus Realty Limited


Property Overview: 1524/26 Chestnut Street, Halifax, B3H 3T1 (MLS® 202007974)

Address:
1524/26 Chestnut Street, Halifax, B3H 3T1 (MLS® 202007974)
MLS® #:
202007974
PID:
00049247
Property Type:
Triplex
Foundation:
Concrete
Exterior Finish:
Wood Shingles
Building Age:
99
Roof:
Tar/Gravel
Water:
Municipal
Sewer:
Municipal
Flooring:
Ceramic, Carpet, Hardwood, Laminate, Tile, Vinyl
Basement:
Fully Developed


Utilities & Features: 1524/26 Chestnut Street, Halifax, B3H 3T1 (MLS® 202007974)

Features:
Balcony, Cable, Dining Room, Family Room, Laundry, Main Flr Fam Rm, Multi-Use Rooms, Storage
Community Features:
Park, public Transit

Listings similar to 1524/26 Chestnut Street, Halifax, Nova Scotia (MLS 202007974) are: 948 McLean Street, Halifax (MLS® 202014763) (Beds: 0, Baths: 0, Price: $1,499,999) | 1929 Connaught Avenue, Halifax (MLS® 202013252) (Beds: 0, Baths: 0, Price: $1,650,000) | 1101 Wellington Street, Halifax (MLS® 202007830) (Beds: 0, Baths: 0, Price: $1,699,000) | 5784/5786 Tower Terrace, Halifax (MLS® 202007403) (Beds: 0, Baths: 0, Price: $1,850,000) |