5-12+ Units - Multi-Unit Investments
85/85A Evans Avenue
6-Fairview
Fairview
B3M 1C7
$3,200,000
Multi-Family
built: 1965
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202510874
- Year Built:
- 1965
- Photos (43)
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Turnkey 12-Unit Investment Opportunity! Fully renovated from top to bottom in 2021, this four-level multifamily building features 12 self-contained units - 6x1 bedroom and 6x2 bedroom - designed for long-term rental success. Each unit is stylishly finished with granite countertops and six appliances, appealing to today’s discerning tenants. Private decks (for all but the basement units), 15 on-site parking spaces, and access to multiple bus routes further enhance rental appeal and retention. Tenants pay their own electricity, while the owner provides heat and hot water. With fixed-term leases in place, this property offers immediate cash flow and operational stability. As Halifax continues to expand and densify, opportunities like this - fully renovated and income-generating, are increasingly rare. Whether you’re adding to an established portfolio or entering a thriving rental market, this is the kind of property that performs today and appreciates tomorrow.
- Titus to Evans
- Listing Sub-Area:
- 6-Fairview
- Property Type:
- Multi-Family
- Multi-Family Type:
- 9 - 12 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 83 x 30 + 17 x 25
- Lot Size:
- 9,008 sq. ft.837 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 12
- Year built:
- 1965 (Age: 60)
- Age:
- 60
- Exterior Finish:
- Aluminium Siding, Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed
- Floor Finish:
- Ceramic, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Hot Water
- Fuel:
- Propane
- Parking:
- Yes
- Parking Description:
- Parking lot with 15+
- Driveway:
- Parking Spaces(s), Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 6379
- Sewer:
- Municipal
- Num Units:
- 12
- Num 1 Bed Units:
- 6
- Num 2 Bed Units:
- 6
- # Of Dishwashers:
- 12
- # Of Dryers:
- 12
- # Of Fridges:
- 12
- # Of Microwaves:
- 12
- # Of Stoves:
- 12
- # Of Washers:
- 12
- Rental Income:
- Yes, 265280
- Approx. Net Income:
- 225696
- Insurance Expense:
- 6000
- Taxes Costs:
- 11652
- Snow / Garbage Collection:
- 4200
- Heating Bill:
- 9963
- Electricity Bill:
- 2190
- Approx. Total Expense:
- 40384
- Approx. Total Income:
- 265280
- Balcony, Storage
- 12 sets of appliances - fridge/stove/dishwasher/microwave/washer/dryer
- Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
- None
- Deck
- No
- Zoning:
- R-2AM
- Possession Info:
- Negotiable
- Elementary School:
- Duc D'Anville Elementary School
- French Imm Elementary School:
- Burton Ettinger Elementary Schoo
- French Imm High School:
- Halifax West High School
- French Imm Middle School:
- Fairview Junior High School
- High School:
- Halifax West High School
- Middle School:
- Clayton Park Junior High School
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Larger map options:
Listed by Royal LePage Anchor Realty
Data was last updated May 25, 2025 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 106
- Avg list price:
- $982,500
- Min list price:
- $369,900
- Max list price:
- $6,995,000
- Avg days on market:
- 53
- Min days on market:
- 1
- Max days on market:
- 821
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- Angela Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 9022927826
- Angela@LeamanRE.ca
- Trish Leaman
- KELLER WILLIAMS SELECT REALTY - 14094
- 902-452-6023
- Trish@LeamanRE.ca