56 Evans Avenue (MLS® 202602140)

Fairview, NS, B3M 1C4

Summary

MLS ®:
 202602140
Price:
 $3,350,000
Status:
 Active
District:
 6
Zoning:
 R-2AM
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $252,437
Approx. Net Income:
 $191,786
Laundry Income:
 $1,850
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $60,650
Maintenance Expense:
 $3,548
Management Expense:
 $7,518
Snow & Garbage Expense:
 $7,615
Water & Sewage Expense:
 $6,456
Insurance Expense:
 $5,412
Tax Costs:
 $14,375
Electricity Bill:
 $15,726
Expense Details:
Call 902-499-7886

Property Overview

56 Evans Avenue, Fairview (MLS® 202602140): 56 Evans Avenue offers an investment opportunity to own a 12 unit renovated walk-up apartment building in Fairview. Unit mix includes 12 x 2 Bedrooms. The building was brought down to the studs and completely renovated in 2020-21. Unit features include new kitchens with dishwashers, bathrooms, and plenty of in-suite storage, including large closets in hallways and bedrooms. This is perfect for an investor who enjoys a property with market rents and minimal upkeep. The property is located in Fairview, which has seen significant growth in recent years due to the proximity of Downtown Halifax, and as a convenient location within HRM. The location offers many amenities within walking distance including grocery stores, restaurants, and shopping. The area is well serviced by public transit.

Listing Courtesy of: Keller Williams Select Realty (Branch)

Directions

From Titus Street take a right onto Evans Ave

Building Specs.

Building Age:
59
Building Dimensions:
50 x 82
Foundation Type:
Concrete
Roof Material:
Rolled
Exterior Finish:
Brick
Flooring Type:
Carpet, Vinyl Plank
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
8 marked parking spaces
Driveway/Parking:
Parking Spaces(s), Paved

Features

Apt Conforming, Cable, Laundry, Security Building, Storage, Telephone

Community Features

Park, Place of Worship, Public Transit, Shopping

Rental Equipment

None

Map

Contact Agent