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18 Central Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202428338

18 Central Avenue Halifax B3N 2H3 : 6-Fairview

Main Photo: 18 Central Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202428338banner
$784,900
Prop. Type:
Multi-Family
MLS® Num:
202428338
Status:
Active
Year Built:
1954
Renovated triplex in Fairview. Great addition to an investment portfolio or would make a wonderful owner-occupied investment. There's also a heated garage to use for yourself or to continue renting out for extra income as it currently is. Each unit has their own power meter and electric heat. The lower unit is getting fresh paint touchups before being rented again for January 1st. There is a 3-bedroom unit on the main floor with a shared laundry room with the 2-bedroom upstairs unit. The lower unit is a 2-bedroom with in-unit laundry. All units were renovated in the last 5 years as well as the roof shingles, siding, eavestroughs, windows and rear stairs for accessing the upper unit. There are multiple parking spots at the rear of the building as well as one at the front of the building. Excellent investment opportunity, don't let this one get away.
Highway 102 to Joseph Howe Drive to Dutch Village Road to Central Avenue
Listing Sub-Area:
6-Fairview
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
24.10 x 32.10 + 5 x 9.4
Lot Size:
Switch units of measure6,251 sq. ft.
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
2
Year built:
1954 (Age: 70)
Age:
70
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Hardwood, Laminate, Tile, Vinyl Plank
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Garage Description:
Heated single car garage
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
1768.64
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
2
Num 3 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
2
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
2
Rental Income:
Yes, 59760
Other Income:
12000
Approx. Net Income:
58034.97
Insurance Expense:
3628
Taxes Costs:
3118.88
Maintenace:
2213.76
Electricity Bill:
2995.75
Approx. Total Expense:
13725.03
Approx. Total Income:
71760
Cable, Laundry, Power, Telephone
3 ranges, 3 fridges, 1 dishwasher, 2 washers, 2 dryers
Tenant possessions
Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
Range, Dishwasher, Dryer, Washer, Refrigerator
None
Deck
No
Zoning:
R2
Possession Info:
Negotiable
Elementary School:
Burton Ettinger Elementary Schoo
French Imm Elementary School:
Burton Ettinger Elementary Schoo
French Imm High School:
Halifax West High School
French Imm Middle School:
Fairview Junior High School
High School:
Halifax West High School
Middle School:
Fairview Junior High School
Listed Date:
Dec 16, 2024
Days on Mkt:
6
Listed by Keller Williams Select Realty
Data was last updated December 22, 2024 at 09:20 AM (UTC)
Steven Giffin, REALTOR®