1266 Queen Street (MLS® 202623101)

Halifax, NS, B3J 2H4

Summary

MLS ®:
 202623101
Price:
 $3,750,000
Status:
 Active
District:
 2
Zoning:
 HCD-SV
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $237,824
Approx. Net Income:
 $173,223
Laundry Income:
 $3,784
Other Income:
 $12,280
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $64,600
Maintenance Expense:
 $4,730
Management Expense:
 $7,135
Snow & Garbage Expense:
 $6,140
Water & Sewage Expense:
 $3,889
Insurance Expense:
 $6,789
Tax Costs:
 $16,193
Electricity Bill:
 $9,147
Heating Bill:
 $10,033
Other Costs:
 $544
Expense Details:
Call 902-499-7886

Property Overview

1266 Queen Street, Halifax (MLS® 202623101): Built in 1861, this stone built Georgian style building sits in Halifax's Schmidtville Heritage Conservation District with HCD-SV zoning. Fully leased today across 13 units, five one-bedrooms, one three-bedroom, and seven bachelor suites. Appliances and common area furnishings convey with the sale. Full architectural drawings were commissioned for a 25-unit expansion (10 apartments, 15 hotel/inn units) via a weather-tight shell addition. That permit has since expired, so a buyer would need to reapply with HRM. At roughly 8,230 square feet across four levels, with 8 on-site parking stalls, the building is within walking distance of Spring Garden Road, the hospital district, and both Dalhousie and Saint Mary's universities.

Listing Courtesy of: Keller Williams Select Realty (Branch)

Directions

Queen Street, between Morris and South Streets

Building Specs.

Building Age:
165
Building Dimensions:
66.9 X 41.7 +/- JOGS
Foundation Type:
Other, Stone
Roof Material:
Asphalt Shingle, Other
Exterior Finish:
Brick, Other
Flooring Type:
Carpet, Ceramic, Hardwood, Softwood
Heating & Cooling:
Hot Water, Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
8 parking spaces located in the back of the building.
Driveway/Parking:
Parking Spaces(s), Paved, Shared Driveway

Features

Cable, Ensuite Bath, Laundry, Multi-Use Rooms, Security Building

Community Features

Public Transit, Shopping

Rental Equipment

None

Map

Contact Agent