12 Frederick Avenue (MLS® 202622604)

Halifax, NS, B3N 2K4

Summary

MLS ®:
 202622604
Price:
 $599,900
Status:
 Active
District:
 6
Zoning:
 R2/C2
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Net Income:
 36540
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 15000
Water & Sewage Expense:
 1200
Insurance Expense:
 2500
Tax Costs:
 4600
Electricity Bill:
 1600
Heating Bill:
 5100
Expense Details:
Call 902-499-7886

Property Overview

12 Frederick Avenue, Halifax (MLS® 202622604): This turn-key duplex presents an excellent investment opportunity in Fairview, whether you’re a first-time investor or a seasoned real estate professional. Situated on a 5,000 sq. ft. lot with flexible R-2/C-2 zoning, the property offers added versatility, including the potential to operate a home-based business or add up to two additional units. The property features spacious three-bedroom and two-bedroom units totaling approximately 2,465 sq. ft., along with ample off-street parking for up to four vehicles. Over the past five years, numerous areas of the property have been updated or renovated, including a new roof, replacement windows, separate power meters, updated flooring, a new second-floor deck, modern appliances, in-unit laundry, and fresh paint throughout. With the main-level three-bedroom unit currently vacant, the property also offers an attractive opportunity for an owner-occupier to live in one unit while renting the other to help offset mortgage costs. Minutes from Downtown Halifax, Bayers Lake, public transit, shopping, and schools, this property combines strong existing cash flow, reduced future capital requirements, and excellent long-term investment potential.

Listing Courtesy of: RE/MAX Nova

Directions

Dutch Village Road onto Fredrick Avenue

Building Specs.

Building Age:
86
Building Dimensions:
28x38
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Flooring Type:
Tile, Vinyl Plank
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Paved

Rental Equipment

Propane Tank

Map

Contact Agent


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