12 Frederick Avenue

Description

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:56844)

Listing

MLS® number

202622604

Status

Active

Days On Market

53

Building

Type

Duplex

Year built

1940

Foundation

Concrete Perimeter

Basement

Full

Interior

Flooring

Tile, Vinyl Plank

Heating

Baseboard heaters, Propane

Land

Lot size

0.11 acres

Parking

Type

Paved Yard

Utilities

Water

Municipal water

Sewer

Municipal sewage system

Fees and taxes

Common interest

Freehold

Parcel number

00183707

Directions

Dutch Village Road onto Fredrick Avenue