49 Central Avenue (MLS® 202421670)
Summary
- MLS ®:
- 202421670
- 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® 202421670): 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 Dutch Village road to Central Avenue or Main Avenue to Alex st to Central Avenue. Air Conditioning Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship List to be provided. None Directions
Building Specs.
Garage & Parking
Features
Community Features
Schools
Inclusions
Rental Equipment
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