49 Central Avenue, Fairview, NS


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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® # 202403375
Price $784,900
Bedrooms 5
Bathrooms 0.00
Acres 0.15
Year Built 1950
Type Residential Income
Sub-Type Triplex
Status Active

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


Utilities Electricity Connected
Parking Spaces 2
Parking Double, Paved
Is Waterfront No
Has Pool No


Appliances Stove, Refrigerator, Dishwasher, Microwave, Washer, Dryer
Heating Baseboard, Ductless
Cooling Air Conditioning
Fireplace No
Has Basement Yes
Basement Finished, Walk-Out Access


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

Days on Market 146

Listing Details

OfficeCentury 21 Optimum Realty

Listing Map

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