1524/1526 Chestnut Street, Halifax (MLS® 201822576)

Overview

MLS ®:201822576
Price:$1,685,000
Listing Status:Active
Lot Size:5300

Building Specs.

Foundation:Concrete
Roof:Asphalt Shingle
Exterior:Wood Shingles
Floor:Carpet, Hardwood, Linoleum, Tile

1524/1526 Chestnut Street, Halifax (MLS® 201822576 ) 19-bedroom, 3-unit investment property. Located next to Dalhousie University, this substantial building has not had a vacancy in over five years, predominately due to its unbeatable location and large bedroom and unit size. With full occupancy until September 2019, this structure operates more as a 19-unit apartment building rather than a triplex. With continuous, sizable returns, this one of a kind property covers the 3 main items an investor looks for: 1) Debt Reduction 2) Capital Appreciation 3) Positive Cash Flow. Well-maintained and upgraded over the years, the downstairs unit consists of 5 bedrooms with an upgraded kitchen and common space. The main floor unit consists of 8 very large bedrooms, 2 and ½ baths, a large common area, and an open-concept kitchen. High ceilings paired with crown molding and elegant features compliment this unit’s character. The 3rd unit has an additional 6 bedrooms and 2 baths with an upgraded living room and kitchen. Each unit has at least 2 baths and laundry. Additional revenue is earned through parking and storage rental. Do not miss out on this opportunity!

Listing Courtesy of: Domus Realty Limited

Inclusions

7 fridges, 2 dishwasher, 3 washer, 3 dryers, 2 stoves, wall oven, stove top, 3 mounted TVs, 3 couches.


Exclusions

All tenants belongings.


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