2450 Quinn Street, Halifax, NS (MLS® 202409872)

2450 Quinn Street, Halifax, NS, B3L 3E7
$969,900 List Date: May 9, 2024

Description

2450 Quinn Street, Halifax, NS (MLS® 202409872): RARE AND MAJOR INVESTMENT OPPORTUNITY KNOCKS. Welcome to 2450 Quinn St- An established and well-maintained triplex inclusive of three 3-bedroom units, situated on a 6140 sqft lot with parking in the heart of Halifax's West End. Location does not get better than this. The property has only ever had 2 owners in it's lifetime with current ownership lasting a proud 15 years. Recently REWIRED and brought up to code for your peace of mind. Current list price is substantially lower than market value due to two long-term but good tenants on periodic leases of $1291.69 and $1359.75. Lower unit is currently paying 2165.75 on a fixed term lease subject to increase. Tenants pay power, owner pays heat (oil). All three 3-bedroom units are near identical, and it is safe to say if all 3 were bringing in the market value of $2500 each your income before expenses would jump from $57,854.28 to $90,000 a year without any improvements to the property itself. The potential to bring this property well above a 1.2 million dollar property is very real. Property has seen many upgrades including windows, siding, roof, consistently serviced furnace and all preferred trades including plumber, garbage collection, electrician, snow removal etc have remained the exact same throughout the sellers ownership and they are willing to pass off their book of business for ease of transfer. This is a turn-key, plug and go investment with nothing to do except buy and watch your investment grow. Call for more details or to book your private showing!

Directions: Quinpool or Chebucto to Quinn St

Listing Courtesy of: Red Door Realty

Address

  • Address: 2450 Quinn Street
  • City: Halifax
  • Province: NS
  • Postal Code: B3L 3E7
  • Country: Canada

Details

Last updated on 05-15-2024 8:15:52 p.m. (UTC)

  • PID: 00030767
  • List Price: $969,900
  • Building Age: 1976

Land

  • Title To Land:
    Freehold

Community Features

  • Park
  • Playground
  • Public Transit
  • Shopping

Schools

TypeName
Elementary SchoolSir Charles Tupper Elementary School
Middle SchoolHalifax Central Junior High School
High SchoolCitadel High School
Elementary School (Fr. Imm.)Lemarchant - St Thomas Elementary School
Middle School (Fr. Imm.)Gorsebrook Junior High School
High School (Fr. Imm.)Citadel High School

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CONTACT AGENT

  • Keith Kenny
  • (902) 817-8178 (902) 700-5950 KeithK@bluelist.ca

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