1672/1676 Chestnut Street, HALIFAX

2026-05-30
 

Quick Summary

Location
1672/1676 Chestnut Street, HALIFAX, Nova Scotia B3H3T4
Price
$1,399,900 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1922

MLS®#202612606

Property Description

Introducing 1672/1676 Chestnut Street a well-maintained duplex in the heart of Halifax, ideally located on a quiet street just steps from both Dalhousie University and University of King's College. This large century home offers an exceptional investment opportunity with strong income potential and future development upside. Currently 100% occupied and consistently easy to rent, the property generates over $137,000 in annual income and operates at an impressive 7% cap rate after expenses. The home features two spacious flats one 4-bedroom unit and one 5-bedroom unit making it highly attractive for student housing or long-term tenants alike. The property also offers additional upside with a partially finished walk-out basement and zoning that permits up to a fourplex configuration. The basement features excellent ceiling height and direct walk-out access, offering strong potential for future unit development or additional living space. Over the past 10 years, numerous upgrades have been completed, including an efficient boiler with Riello oil burner, 90% efficient hot water heating, some vinyl windows, blown-in insulation (2012), a new south-side roof (2013), and newer appliances throughout. Front paving stone landscaping was added in 2012 to allow for parking and reduced exterior maintenance. Situated close to all amenities, this property is within walking distance to hospitals, libraries, shopping, restaurants, museums, and everything Halifax has to offer. A rare opportunity to own a high-performing investment property in one of Halifaxs most desirable rental locations. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Shopping, Place of Worship

Building

  • Appliances: Stove, Dryer, Washer, Refrigerator
  • Basement Development: Finished
  • Basement Features: Walk out
  • Basement Type: Full (Finished)
  • Exterior Finish: Wood shingles
  • Fireplace: No
  • Flooring Type: Hardwood, Laminate
  • Building Type: Duplex
  • Utility Water: Municipal water

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by RE/MAX Nova (Halifax)
Listing information last updated on: 2026-06-11 04:57:37


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