2-4 Unit - Multi-Units Investments
49 Central Avenue
6-Fairview
Fairview
B3N 2H5
$784,900
Multi-Family
built: 1950
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202421670
- Year Built:
- 1950
- Photos (30)
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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 Sub-Area:
- 6-Fairview
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 32 x 23
- Lot Size:
- 6,655.968 sq. ft.618.36 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 3
- Year built:
- 1950 (Age: 74)
- Age:
- 74
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Fully Developed, Walkout
- Floor Finish:
- Hardwood, Tile, Vinyl Plank
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Garage Description:
- Single Detached
- Driveway:
- Double, Paved
- Water Supply:
- Municipal
- Water And Sewage:
- $2188.28
- Sewer:
- Municipal
- Num Units:
- 3
- Num 1 Bed Units:
- 1
- Num 2 Bed Units:
- 2
- # Of Dishwashers:
- 2
- # Of Dryers:
- 3
- # Of Fridges:
- 3
- # Of Microwaves:
- 2
- # Of Stoves:
- 3
- # Of Washers:
- 3
- Rental Income:
- 64860
- Laundry Income:
- 0
- Other Income:
- 0
- Approx. Net Income:
- $54,683.53
- Insurance Expense:
- $1946.31
- Taxes Costs:
- $4514.60
- Other Costs:
- $827.28 (INTERNET)
- Maintenace:
- 0.0
- Management expense:
- $0
- Snow / Garbage Collection:
- $700 (SNOW)
- Heating Bill:
- TENANT
- Electricity Bill:
- TENANT
- Approx. Total Expense:
- $10,176.47
- Approx. Total Income:
- 64860
- Air Conditioning
- List to be provided.
- Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
- None
- Deck
- No
- Triplex
- Zoning:
- R-2 - RESIDENTIAL MEDIUM DENISTY
- Possession Info:
- Immediate Possible.
- Elementary School:
- Burton Ettinger Elementary Schoo
- 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:
- Fairview Junior High School
-
Photo 1 of 30
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New Washer/Dryer
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New Kitchen!
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Lower Level
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Lower Level Living Room
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Lower Level Living Room
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Lower Level Storage Room Door
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Lower Level Entry
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Lower Level Bedroom
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Lower Level Bathroom
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Main Floor Living Room
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Main Floor - Living Room
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Main Floor Kitchen
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Main Floor Kitchen
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Main Floor Kitchen
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Main Floor Kitchen
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Main Floor Bedroom
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Main Floor Bedrooom
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Main Floor Bathroom
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Top Floor Kitchen
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Top Floor Kitchen
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Top Floor Kitchen
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Top Floor Living Room
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Top Floor Bedroom
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Top Floor Bedroom
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Top Floor Bathroom
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Top Floor Entry
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Bottom Unit - A
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Middle Unit - B
-
Top Unit - C
Larger map options:
Listed by Century 21 Optimum Realty
Data was last updated October 13, 2024 at 05:20 AM (UTC)
Area Statistics
- Listings on market:
- 62
- Avg list price:
- $892,950
- Min list price:
- $200,000
- Max list price:
- $5,375,000
- Avg days on market:
- 55
- Min days on market:
- 3
- Max days on market:
- 597
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