5380 Inglis Street, Halifax, NS (MLS® 202205095): Fantastic opportunity to purchase a legal SOUTH END peninsular TRI-PLEX located on Inglis Street. With over 3200sf of space on three separate levels the units are spacious and functional in layout. The rental market has validated this asset as being a solid location and property over the years given the fact that it is always fully leased. Current unit composition is: 2 X 3 Bedroom units and 1 X 2 Bedroom unit. Each unit features in-suite laundry and the building also offers tenants on-site parking for 3-4 cars in behind the building with access via Waverly Terrace. Currently the landlord pays for heat and hot water in all units and power for two of the three units. Current leases are periodic and a new fixed term lease for Apt #3 has already been signed at more rent ending in May 2023. This is a great property in a highly desirable area of the peninsula with ready access to universities, downtown and amenities at your doorstep. With the strong current financials in place the opportunity also exists for the new owner to reposition this long-term asset to the next chapter!

Listing Courtesy of: Red Door Realty