Excellent investment opportunity in a highly convenient Fairview location! This well-maintained duplex property is the perfect addition to your rental portfolio. The upper level features a spacious 3-bedroom unit, while the middle and bottom level offer a 4 bedroom 2 bathroom unit spanning over 2 levels, with total rental income at $4,730/month. Both units are in great condition, with separate entrances and multiple paved parking spaces. Heating is provided by electric baseboards and ductless heat pumps, with tenants paying their own heat and electricity. The property has seen approximately $70,000 in upgrades since 2022, including a brand-new multi-level deck, updated flooring in the lower unit, new appliances, and numerous other improvements. Outside, enjoy a beautiful level backyard with plenty of usable space and a convenient shed for additional storage. Located close to shopping, schools, restaurants, public transit, parks and everyday amenities, with easy access to both Halifax and Dartmouth, this is an ideal opportunity for investors seeking strong existing income, quality tenants, excellent condition and substantial future rental upside. (id:4069)
Address
7 School Avenue
List Price
$725,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Fairview
Lot Size
0.1403 Sq. Ft.
Year Built
1967
MLS® Number
202622616
Listing Brokerage
Exit Realty Metro
Postal Code
B3N2E1
Ownership
Freehold
Site Influences
Park, Playground, Public Transit, Shopping, Place of Worship
Community Features
Recreational Facilities, School Bus
Appliances
Stove, Dishwasher, Dryer, Washer, Refrigerator
Heat Source
Electric
Heat Type
Baseboard heaters, Heat Pump, Ductless
Cooling Features
Air Conditioned
Foundation Details
Concrete Perimeter
Other Structures
Shed
Water Source
Municipal water
Sewer
Municipal sewage system
