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$1,548,000
Est. payment /mo
2,622 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Halifax
MLS® Listing ID 202509528
Lot Size 2,622 Sqft
Acres 0.0602
Property Sub-Type Freehold
Source Nova Scotia Association of REALTORS®
Property Description
Nestled in the heart of Halifaxs iconic Hydrostone District, this beautifully maintained property offers the perfect blend of charm, cash flow, and serious development potential. Currently operating as three fully legal, high-performing Airbnb units a spacious 2 bed/2 bath, a bright 2 bed/1 bath, and a cozy 1 bed/1 bath the building generates over $170,000 in annual gross revenue. Each unit is professionally finished, consistently in demand, and located in one of the citys most walkable and sought-after neighbourhoods. What truly sets this property apart is its rare and coveted corridor zoning Halifaxs most flexible designation. This allows for a wide variety of permitted uses, including potential for additional residential density or mixed-use development, giving investors long-term upside in a fast-growing urban core. With a cap rate well above national averages and an unbeatable location, this is an exceptional opportunity for anyone looking to secure a turn-key, income-generating asset with major future potential. Whether you're after a short-term rental portfolio, a live-in investment, or a long-view development play, this Hydrostone gem delivers on all fronts. Being offered fully furnished and operational just step in and start earning. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Cooling Air Conditioned, Heat Pump
Flooring Laminate, Tile
Exterior
Parking Features No
Community Features Recreational Facilities, School Bus
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Keller Williams Select Realty