Description
Well-located triplex in the heart of Halifax’s 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 unit—providing a desirable mix that appeals to a broad tenant base. Situated on Gottingen Street, one of Halifax’s 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.
Listing Details
2542 Gottingen Street, Halifax, B3K 3C4
ACTIVE
$879,900
202602009
n/a
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00169789
Municipal
Municipal
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Building Specifications
Concrete
Asphalt Shingle,Tar/Gravel
Wood Siding
Laminate,Tile