3543 Lynch Street Active

Halifax,NS B3K3K7

$ 649000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Halifax

MLS Listing ID 202507023

Year Built 1942

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Freehold

Source Nova Scotia Association of REALTORS®

Property Description

3543 Lynch Street is a rare opportunity to own a fully renovated duplex in the heart of Halifax?s vibrant and sought-after North End. Meticulously updated in 2021, this property offers exceptional financials, modern upgrades, and strong rental potential in a prime location. The upper three-bedroom unit will be vacant as of June 1, 2025, and the lower two-bedroom unit?s lease ends September 30, 2025. Both are on fixed-term leases, presenting the perfect opportunity for an owner-occupier or investor to set their own rental rates in this high-demand market. The main unit is currently rented at $2,610 per month, and the lower unit is rented at $2,100 per month. Tenants cover all utilities except water, ensuring low operational costs. The gross income for 2024 is $54,800, with a net income of $45,400. Located just minutes from the Halifax waterfront and downtown core, residents will enjoy easy access to restaurants, boutique shops, parks, and cultural attractions?all while being nestled in a peaceful and well-connected community. Whether as a primary residence with additional rental income or a fully tenanted investment, this turn-key property combines modern living with a highly desirable location. With dedicated parking for three vehicles, it?s an exceptional opportunity in Halifax?s thriving real estate market. (MLS® 230637486) (id:24570)

Location

Province NS

Rooms

Kitchen 0.0

Interior

Cooling Air Conditioned,Heat Pump

Flooring Laminate,Tile,Vinyl Plank

Exterior

Parking Features No

View Y/N Yes

View Ocean view

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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