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Listed by Matt Mroz • RE/MAX Nova
$585,000
Est. payment /mo
5 Beds
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202622604
Bedrooms 5
HOA Y/N No
Year Built 1940
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Duplex
Source Nova Scotia
Property Description
This turn-key duplex presents an excellent investment opportunity in Fairview, whether you're 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.
Location
Province NS
County Halifax
Area 6-Fairview
Zoning R2/C2
Region Halifax - Dartmouth
City Region Halifax - Dartmouth
Rooms
Basement Full
Bedroom 2 4600
Kitchen 2500
Interior
Heating Baseboard
Flooring Tile, Vinyl Plank
Equipment Fuel Tank(s)
Fireplace No
Appliance Stove, Refrigerator, Dishwasher, Washer, Dryer
Exterior
Utilities Available Propane
View Y/N No
Roof Type Asphalt
Garage No
Private Pool No
Building
Lot Description Under 0.5 Acres
Foundation Concrete Perimeter
Sewer Municipal
Water Municipal
New Construction No
Others
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