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$1,399,900
Nova Scotia,Halifax
For Sale Active
1672/1676 Chestnut Street, Halifax, Nova Scotia B3H3T4
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 202612606
  • Price: $1,399,900
  • Year Built: 1922
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 272108
Features & Appliances
Features
  • Heating System: Furnace, Oil
  • Basement: Walk out, Finished, Full
  • Parking: Paved Yard
  • Exterior Features: Wood shingles
  • Flooring: Laminate, Hardwood
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Nova Scotia, Halifax, B3H3T4
  • Street: Chestnut
  • Street Number: 1672
  • Street Suffix: Street
  • Longitude: W64° 24' 18.3''
  • Latitude: N44° 38' 28.2''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
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Listing updated: 2026-06-16 11:40:39
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Listing Information
  • List Agent Key: 2085006
  • List Office Key: 272108
  • Modification Timestamp: 2026-06-11T05:05:11Z
  • Originating System Name: Nova Scotia Association of REALTORS®
  • Status Change Timestamp: 2026-06-11T04:57:37Z
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Listing updated: 2026-06-16 11:40:40
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