57 & 58 Main Avenue (MLS® 202602454)
Summary
- MLS ®:
- 202602454
- Price:
- $7,675,000
- Status:
- Active
- District:
- 6
- Zoning:
- ER-2
- Property Type:
- Over 12 Units
- Title To Land:
- Freehold
Income
- Approx. Total Income:
- $533,906
- Approx. Net Income:
- $389,610
- Other Income:
- $6,528
- Income Details:
- Call 902-499-7886
Expenses
- Approx. Total Expenses:
- $144,296
- Maintenance Expense:
- $14,631
- Management Expense:
- $15,821
- Snow & Garbage Expense:
- $8,547
- Water & Sewage Expense:
- $14,349
- Insurance Expense:
- $13,205
- Tax Costs:
- $30,190
- Electricity Bill:
- $39,091
- Heating Bill:
- $8,461
- Expense Details:
- Call 902-499-7886
Property Overview
57 & 58 Main Avenue, Fairview (MLS® 202602454): 57 and 58 Main Avenue offers a fully occupied, renovated apartment investment in Fairview. The portfolio consists of two buildings located across the street from each other, with 57 Main Avenue comprising 16 units and 58 Main Avenue comprising 8 units. Both properties are fully leased under fixed-term leases, offering stable cash flow and turnkey operations. Over the holding period, the owner has completed meaningful upgrades to unit interiors and building infrastructure, including modernized unit finishes, improved common areas, and building systems. Located in Fairview, the properties benefit from strong tenant demand and convenient access to transit, local amenities, and nearby retail and services along Dutch Village Road and the Main Avenue corridor.
Listing Courtesy of: Keller Williams Select Realty (Branch) From Dutch Village Road take a left onto Main Ave. Cable, Laundry, Security Building, Telephone Park, Playground, Public Transit, Recreation Center None Directions
Building Specs.
Garage & Parking
Features
Community Features
Rental Equipment
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