49 Central Avenue (MLS® 202403375)

Fairview, NS, B3N 2H5

Summary

MLS ®:
 202403375
Price:
 $784,900
Status:
 Active
District:
 6
Zoning:
 R-2 - RESIDENTIAL MEDIUM DENISTY
Property Type:
 Triplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 64860
Approx. Net Income:
 $54,683.53
Laundry Income:
 0
Other Income:
 0
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $10,176.47
Maintenance Expense:
 $0
Management Expense:
 $0
Snow & Garbage Expense:
 $700 (SNOW)
Water & Sewage Expense:
 $2188.28
Insurance Expense:
 $1946.31
Tax Costs:
 $4514.60
Electricity Bill:
 TENANT
Heating Bill:
 TENANT
Other Costs:
 $827.28 (INTERNET)
Expense Details:
Call 902-499-7886

Property Overview

49 Central Avenue, Fairview (MLS® 202403375): Welcome to your prime investment opportunity! This fully renovated CASH FLOW POSITIVE triplex offers a seamless blend of modern convenience and classic charm in a sought-after location directly across from desirable Burton Ettinger School. With a monthly NET income of $4556 and cap rate of 6.95% this building would make a great addition to your portfolio! The tenants pay all of their own heat/electric as each unit includes a new electrical panel, new electric baseboard heaters and their own mini split heat pump! All 3 have also been updated with stylish new kitchens, new kitchen appliances, updated bathrooms, some new durable vinyl plank flooring, stylish light fixtures throughout and have ample parking in the large driveway. Laundry is made easy with new washer/dryer hookups each unit. Additional building upgrades include 3 new hot water heaters, a new back deck, driveway repairs and replacement of ten windows, ensuring energy efficiency and aesthetic appeal. All three units are occupied by great tenants on fixed term leases. Whether you're an investor or homeowner, this renovated gem offers an ideal opportunity for hassle-free living or a lucrative investment. Don't miss out and schedule a viewing today!

Listing Courtesy of: Century 21 Optimum Realty

Directions

Dutch Village road to Central Avenue or Main Avenue to Alex st to Central Avenue.

Building Specs.

Building Age:
74
Building Dimensions:
32 x 23
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Tile, Vinyl Plank
Heating & Cooling:
Baseboard, Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Single Detached
Driveway/Parking:
Double, Paved

Features

Air Conditioning

Community Features

Golf Course, Park, Place of Worship, Playground, Public Transit, School Bus Service, Shopping

Schools

Elem. School: Burton Ettinger Elementary School
Elem. School (French Imm.): Burton Ettinger Elementary School
Mid. School: Fairview Junior High School
Mid. School (French Imm.): Fairview Junior High School
High School: Halifax West High School
High School (French Imm.): Halifax West High School

Inclusions

List to be provided.

Rental Equipment

None

Map

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