5571 Fenwick Street Halifax Peninsula, Nova Scotia B3H 1R1
$949,900
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:59126)
Property Details
| MLS® Number | 202602006 |
| Property Type | Multi-family |
| Community Name | Halifax Peninsula |
| Amenities Near By | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Community Features | Recreational Facilities, School Bus |
Building
| Amenities | Fireplace(s) |
| Appliances | Stove, Dishwasher, Washer/dryer Combo, Refrigerator |
| Exterior Finish | Wood Shingles |
| Flooring Type | Ceramic Tile, Laminate, Linoleum, Wood, Vinyl Plank |
| Foundation Type | Concrete Perimeter |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.0534 |
| Size Total | 0.0534 Ac |
| Size Total Text | 0.0534 Ac |
Parking
| Gravel |
https://www.realtor.ca/real-estate/29318072/5571-fenwick-street-halifax-peninsula-halifax-peninsula
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May 13 2026 01:39:48
Nova Scotia Association of REALTORS®
