Address
5571 Fenwick Street, Halifax Peninsula, NS
Price
$ 929,900
Property Attributes
  • MLS#202602006
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CityHalifax Peninsula
  • AreaHalifax - Dartmouth
  • Neighbourhood2-A
  • Postal CodeB3H 1R1
  • StyleTriplex
  • Price$ 929,900
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.0534 Acres
Data Source:
Nova Scotia Association of REALTORS® (NSAR)
Property Description

Excellent opportunity to acquire a fully rented triplex in the heart of downtown Halifax, one of the city’s 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.

Elementary School Middle School High School
St. Mary'S Education Centre/ Academy Elementary School Gorsebrook Junior High School Middle School Citadel High School High School
Price History
2/4/2026 Listed $989,900
3/14/2026 3$959,900
5/13/2026 1$949,900
7/14/2026 2$929,900

General Features

Sewer Municipal
Heating Baseboard,Other Heating/Cooling
Utilities Electricity Connected
Possession Tbd
Roof Rolled/Hot Mop
Zoning CEN-2
Exclusions Tenant Belongings
Property Subtype Triplex
Ownership Freehold
County Halifax
New Construction false
Property Type Residential Income
Garage Y/N false
Status ACTIVE
Directions South Park St. to Fenwick St., or Queen St. to Fenwick St.
City Halifax Peninsula
MLS Area 2-Halifax South
Lot Size Units Square Feet
Lot Size Square Feet 2326.104
MLS Area Minor 2-A
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
High School Citadel High School
Elementary School St. Mary'S Education Centre/ Academy
Middle/Junior High School Gorsebrook Junior High School
Cooling Other Heating/Cooling
Construction Materials Shingle Siding
Appliances Stove,Dishwasher,Washer/Dryer,Refrigerator,Washer,Dryer
Community Features Park,Playground,Near Public Transport,Recreation Center,School Bus Service,Shopping,Place of Worship
Number Of Units Total 3
Number of Units Leased 3

Interior Features

Basement Finished,Walk-Out Access
Flooring Ceramic Tile,Laminate,Linoleum,Softwood,Vinyl Plank
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
Fireplace Features Fireplace(s)
Laundry Features Laundry

Exterior Features

Parking Features Gravel,Single
Lot Features Under 0.5 Acres
Water Source Municipal
Inclusions 3 Fridges, 3 Stoves, 3 Washer/Dryer Combo
Lot Size Area 2326.104
Foundation Details Concrete Perimeter
Lot Size Acres 0.0534
Waterfront Y/N false
Other Equipment No Rental Equipment
Road Frontage Type Public
Total Parking 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in B3H 1R1

Price
AVG $930K
$930K

Areas We Cover