$784,900 FOR SALE

Triplex

49 Central Avenue
Fairview, NS B3N 2H5

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:47423)

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Listed By Century 21 Optimum Realty
Data Provided By Nova Scotia Association of REALTORS®
MLS® Listing Number 202421670
Last Updated Sep 09, 2024
Property Summary
Property Type Triplex

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Community Fairview
Price History
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Detailed Information
Amenities Nearby Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Community Features School Bus
Listing Contract Date 2024-09-09
Location Description Dutch Village road to Central Avenue or Main Avenue to Alex st to Central Avenue.
Municipal ID 00240846
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Building
Constructed Date 1950
Cooling Type Air Conditioned, Heat Pump
Exterior Finish Vinyl
Flooring Type Hardwood, Tile, Vinyl Plank
Foundation Type Concrete Perimeter
Type Triplex
Utility Water Municipal water
Land
Total Size 0.1528 acres
Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship
Sewer Municipal sewage system
Size of Irregular Land 0.1528

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