About 49 Central Avenue
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!
Features of 49 Central Avenue
| MLS® # | 202421670 |
|---|---|
| Price | $784,900 |
| Bedrooms | 5 |
| Acres | 0.15 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Closed |
| Date Sold | November 29th, 2024 |
Community Information
| Address | 49 Central Avenue |
|---|---|
| Area | Halifax - Dartmouth |
| District | 6-Fairview |
| Sub-District | N/A |
| City | Fairview |
| County | Halifax |
| Province | NS |
| Postal Code | B3N 2H5 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking Spaces | 2 |
| Parking | Double, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Stove, Refrigerator, Dishwasher, Microwave, Washer, Dryer |
|---|---|
| Heating | Baseboard, Ductless |
| Cooling | Air Conditioning |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Walk-Out Access |
Exterior
| Lot Description | Under 0.5 Acres |
|---|---|
| Roof | Asphalt |
| Construction | Vinyl Siding |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Burton Ettinger Elementary School |
|---|---|
| Middle | Fairview Junior High School |
| High | Halifax West High School |
Additional Information
| Zoning | R-2 - RESIDENTIAL MEDIUM DENISTY |
|---|
Listing Details
| Office | Century 21 Optimum Realty |
|---|