MLS® Number
202403375
Property Type
Triplex
Structure Style
Triplex
Zoning
R2
![49 Central Avenue, Fairview NS - MLS<sup>®</sup>: # 202403375](/img/listing/202403375/1.jpg)
Fairview
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!
Fairview
This community is the home of a new condo development, has easy access to the shops and services of Joseph Howe Drive, and is a close drive to Bayers Lake Park. It also has easy access to Highway 102 and a short distance to the Armdale Roundabout. There are lots of great schools and activities to choose from in this neighbourhood.
Verve REALTOR®
![REALTOR® Nick Wang](/img/agent/21277/1.jpg)
Nick Wang
- 902-414-9988
- Nick.Wang@VerveRealty.ca
- Contact Nick for inquiries and showings for 49 Central Avenue
Directions to 49 Central Avenue
Dutch Village road to Central Avenue or Main Avenue to Alex st to Central Avenue.
Century 21 Optimum Realty
https://ververealty.ca/listing/202403375/