49 Central Avenue, FAIRVIEW

2024-09-09
 

Quick Summary

Location
49 Central Avenue, FAIRVIEW, Nova Scotia B3N2H5
Price
$784,900 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1950

MLS®#202421670

Property Description

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship

Building

  • Cooling Type: Air Conditioned, Heat Pump
  • Exterior Finish: Vinyl
  • Fireplace: No
  • Flooring Type: Hardwood, Tile, Vinyl Plank
  • Building Type: Triplex
  • Utility Water: Municipal water

Land

  • Land Size: 0.1528 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Century 21 Optimum Realty
Listing information last updated on: 2024-09-09 11:48:11


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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