49 Central Avenue

Fairview
$784,900

MLS® Number

202403375

Property Type

Triplex

Structure Style

Triplex

Zoning

R2

49 Central Avenue, Fairview NS - MLS<sup>®</sup>: # 202403375

Property Specifications

Lot size Under 0.5 Acres

$784,900 CAD

Convert to USD

49 Central Avenue

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® Heather Munroe

Heather Munroe

Recommended Listings

Directions to 49 Central Avenue

Dutch Village road to Central Avenue or Main Avenue to Alex st to Central Avenue.

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Property Details

Building Age 74 years
Roof Asphalt Shingle
Exterior Vinyl
Flooring Hardwood, Tile, Vinyl Plank
Heating Electric, Baseboard, Heat Pump -Ductless
Basement Fully Developed, Walkout
Foundation Concrete
Driveway Double, Paved
Garage
Appliances List to be provided.
Rental Equipment None
Land Features
Other Features Air Conditioning
Waterfront
Water Access
Utilities
Water Municipal
Sewer Municipal
Community Features Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
Schools

Blue List Realty Canada

2024-02-26T00:00:00+00:00 2024-05-15T22:44:27+00:00