7 School Avenue

Description

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. (id:56844)

Listing

MLS® number

202622616

Status

Active

Days On Market

53

Building

Type

Duplex

Year built

1967

Foundation

Concrete Perimeter

Interior

Flooring

Tile, Laminate

Heating

Heat Pump, Baseboard heaters, Electric, Ductless

Cooling

Air Conditioned

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer

Land

Lot size

0.14 acres

Exterior features

Vinyl

Community

School Bus, Recreational Facilities

Parking

Type

Paved Yard

Utilities

Water

Municipal water

Sewer

Municipal sewage system

Fees and taxes

Common interest

Freehold

Parcel number

00189985

Directions

Dutch Village to Westerwald to Melrose to School Ave