This turn-key duplex presents an excellent investment opportunity in Fairview, whether youre a first-time investor or a seasoned real estate professional. Situated on a 5,000 sq. ft. lot with flexible R-2/C-2 zoning, the property offers added versatility, including the potential to operate a home-based business or add up to two additional units. The property features spacious three-bedroom and two-bedroom units totaling approximately 2,465 sq. ft., along with ample off-street parking for up to four vehicles. Over the past five years, numerous areas of the property have been updated or renovated, including a new roof, replacement windows, separate power meters, updated flooring, a new second-floor deck, modern appliances, in-unit laundry, and fresh paint throughout. With the main-level three-bedroom unit currently vacant, the property also offers an attractive opportunity for an owner-occupier to live in one unit while renting the other to help offset mortgage costs. Minutes from Downtown Halifax, Bayers Lake, public transit, shopping, and schools, this property combines strong existing cash flow, reduced future capital requirements, and excellent long-term investment potential. (id:4069)
Address
12 Frederick Avenue
List Price
$599,900
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Halifax
Lot Size
0.1148 Sq. Ft.
Year Built
1940
MLS® Number
202622604
Listing Brokerage
RE/MAX Nova
Basement Area
Full
Postal Code
B3N2K4
Ownership
Freehold
Heat Source
Propane
Heat Type
Baseboard heaters
Foundation Details
Concrete Perimeter
Water Source
Municipal water
Sewer
Municipal sewage system
