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12 Frederick Avenue Halifax, Nova Scotia B3N 2K4

Baseboard Heaters

$599,900

This turn-key duplex presents an excellent investment opportunity in Fairview, whether youre a first-time investor or a seasoned real estate professional. Situated on a 5,000 sq. ft. lot with flexible R-2/C-2 zoning, the property offers added versatility, including the potential to operate a home-based business or add up to two additional units. The property features spacious three-bedroom and two-bedroom units totaling approximately 2,465 sq. ft., along with ample off-street parking for up to four vehicles. Over the past five years, numerous areas of the property have been updated or renovated, including a new roof, replacement windows, separate power meters, updated flooring, a new second-floor deck, modern appliances, in-unit laundry, and fresh paint throughout. With the main-level three-bedroom unit currently vacant, the property also offers an attractive opportunity for an owner-occupier to live in one unit while renting the other to help offset mortgage costs. Minutes from Downtown Halifax, Bayers Lake, public transit, shopping, and schools, this property combines strong existing cash flow, reduced future capital requirements, and excellent long-term investment potential. (id:45785)

Property Details

MLS® Number 202622604
Property Type Multi-family
Community Name Halifax
Equipment Type Propane Tank
Rental Equipment Type Propane Tank

Building

Basement Type Full
Constructed Date 1940
Flooring Type Tile, Vinyl Plank
Foundation Type Concrete Perimeter
Heating Fuel Propane
Heating Type Baseboard Heaters
Type Duplex
Utility Water Municipal Water

Parking

Paved Yard

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.1148
Size Total 0.1148 Ac
Size Total Text 0.1148 Ac

https://www.realtor.ca/real-estate/30244255/12-frederick-avenue-halifax-halifax

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Matt Mroz

(902) 476-2604

RE/MAX Nova
32 Akerley Blvd Unit 101
Dartmouth, Nova Scotia B3B 1N1

(902) 468-3400
(902) 468-3702
www.remaxnova.com/