NS
Halifax
B3K3C4
2542 Gottingen Street
2542 Gottingen Street, Halifax, NS B3K3C4
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Listing Type
Multi Family
Listing Status
Active
50
$879,900

Home Details for 2542 Gottingen Street

Price
$879,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.0533
Parking
Days on site
18
Listing #
202602009
Property Description

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:31684)

Property Features
    Listing Courtesy: Royal LePage Atlantic
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    Market statistics compiled from data from Canadian Real Estate Association.
    EXIT REALTY METRO
    100 Venture Run, Suite 107, Dartmouth, NS B3B 0H9
    Max Christie
    License #: 1812169
    Sales Representative
    Office
    902 444 3948
    Agent
    902 414 1512
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