49 Central Avenue

Multi-family For Sale in Fairview, Nova Scotia

$784,900
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! (id:4069)
Address 49 Central Avenue
List Price $784,900
Property Type Multi-family
Type of Dwelling Triplex
Area Nova Scotia
Sub-Area Fairview
Lot Size 0.1528 Sq. Ft.
Year Built 1950
MLS® Number 202403375
Listing Brokerage Blue List Realty Canada
Postal Code B3N2H5
Site Influences Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship

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Avalon Realty Ltd.

PO Box 8651 Halifax Halifax NS B3K 5M3

Office: 902 221 4740

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