7 School Avenue, Fairview, NS (MLS® 202622616) Multi Family For Sale

7 School Avenue, Fairview, NS, B3N 2E1
MLS® # 202622616


$725,000

7 School Avenue, Fairview, NS (MLS® 202622616): Excellent investment opportunity in a highly convenient Fairview location! This well-maintained duplex property is the perfect addition to your rental portfolio. Two excellent tenants are currently in place, and both would love the opportunity to stay. The upper level features a spacious 3-bedroom unit, while the middle level offers another 3-bedroom unit and the lower level features another bedroom and full bathroom, with total rental income at $4,730/month. All units are in great condition, with separate entrances and multiple paved parking spaces. Heating is provided by electric baseboards and ductless heat pumps, with tenants paying their own heat and electricity. The property has seen approximately $70,000 in upgrades since 2022, including a brand-new multi-level deck, updated flooring in the lower unit, new appliances, and numerous other improvements. Outside, enjoy a beautiful level backyard with plenty of usable space and a convenient shed for additional storage. Located close to shopping, schools, restaurants, public transit, parks and everyday amenities, with easy access to both Halifax and Dartmouth, this is an ideal opportunity for investors seeking strong existing income, quality tenants, excellent condition and substantial future rental upside.

Directions to 7 School Avenue, Fairview, NS (MLS® 202622616): Dutch Village to Westerwald to Melrose to School Ave

Listing Courtesy of: Exit Realty Metro

Inclusions: All appliances

Exclusions: Tenant belongings

Features

Community Features


Schools

TypeName
Elementary SchoolBurton Ettinger Elementary School
Middle SchoolFairview Junior High School
High SchoolHalifax West High School
Elementary School (Fr. Imm.)Burton Ettinger Elementary School
Middle School (Fr. Imm.)Fairview Junior High School
High School (Fr. Imm.)Halifax West High School

Demographics for 7 School Avenue, Fairview, NS (MLS® 202622616)

Census Year: 2016

12090485
  • Subdivision Name: Halifax
  • Population Count: 582
  • Private Dwellings Count: 282
  • Land Area: 0.29 Km2

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