2-4 Unit - Multi-Units Investments

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49 Central Avenue
6-Fairview Fairview B3N 2H5

$784,900
Multi-Family built: 1950

Main Photo: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 1: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 2: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 3: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 4: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 5: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 6: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 7: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 8: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 9: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 10: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 11: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 12: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 13: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 14: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 15: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 16: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 17: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 18: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 19: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 20: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 21: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 22: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 23: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 24: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 25: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 26: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 27: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 28: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 29: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Photo 30: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202421670
Year Built:
1950
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.
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
Listed Date:
Days on Mkt:
  • Photo 1: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Photo 1 of 30
  • Photo 2: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    New Washer/Dryer
  • Photo 3: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    New Kitchen!
  • Photo 4: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level
  • Photo 5: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level Living Room
  • Photo 6: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level Living Room
  • Photo 7: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level Storage Room Door
  • Photo 8: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level Entry
  • Photo 9: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level Bedroom
  • Photo 10: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Lower Level Bathroom
  • Photo 11: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Living Room
  • Photo 12: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor - Living Room
  • Photo 13: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Kitchen
  • Photo 14: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Kitchen
  • Photo 15: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Kitchen
  • Photo 16: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Kitchen
  • Photo 17: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Bedroom
  • Photo 18: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Bedrooom
  • Photo 19: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Main Floor Bathroom
  • Photo 20: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Kitchen
  • Photo 21: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Kitchen
  • Photo 22: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Kitchen
  • Photo 23: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Living Room
  • Photo 24: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Bedroom
  • Photo 25: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Bedroom
  • Photo 26: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Bathroom
  • Photo 27: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Floor Entry
  • Photo 28: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Bottom Unit - A
  • Photo 29: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Middle Unit - B
  • Photo 30: 49 Central Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202421670
    Top Unit - C
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.