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$784,900
Est. payment /mo
6,655 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Fairview
MLS® Listing ID 202421670
Originating Board Nova Scotia Association of REALTORS®
Year Built 1950
Lot Size 6,655 Sqft
Acres 6655.968
Property Description
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! (id:24570)
Location
Province NS
Interior
Cooling Air Conditioned, Heat Pump
Flooring Hardwood, Tile, Vinyl Plank
Exterior
Garage No
Community Features School Bus
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold