Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
+26 more
0.053 ac
Lot
Property Snapshot
Key details for this listing
MLS #202602006
Lot
Land, frontage and setting
- Lot
- 0.053 ac - 0.0534
- Neighbourhood
- Halifax Peninsula
Costs
Price, taxes and monthly charges
About This Property
This multi-family in Halifax Peninsula offers a 0.053 ac lot. The property has lot dimensions of 0.0534. The home features laminate and ceramic tile and linoleum and wood and vinyl plank flooring, baseboard heaters, electric heating.
MLS Remarks
Excellent opportunity to acquire a fully rented triplex in the heart of downtown Halifax, one of the citys 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. (id:60351)
Full Listing Details
Address5571 Fenwick Street
MLS#202602006
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market265
Common InterestFreehold
Parking TypeGravel
Structure TypeTriplex
AttachedAttached
StyleMultiplex
Building FeaturesFireplace(s)
CityHalifax Peninsula
NeighbourhoodHalifax Peninsula
ProvinceNova Scotia
Postal CodeB3H1R1
Lot Size0.053 ac
Lot Dimensions0.0534
Parking FeaturesGravel
HeatingBaseboard heaters, Electric
FlooringLaminate, Ceramic Tile, Linoleum, Wood, Vinyl Plank
FoundationConcrete Perimeter
AppliancesRefrigerator, Dishwasher, Stove, Washer/Dryer Combo
ExteriorWood shingles
CommunitySchool Bus, Recreational Facilities
SewerMunicipal sewage system
Water SourceMunicipal water
South Park St. to Fenwick St., or Queen St. to Fenwick St.
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