12 Frederick Avenue, Halifax, NS B3N 2K4

$599,900
5
BD

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List Price
$599,900
Status
ACTIVE
MLS#
202622604
Bedrooms
5
Lot Size (Acres)
0.1148
Year Built
1940

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.

Additional Information

Area
Halifax - Dartmouth
Foundation
Concrete Perimeter
Basement
Full
Appliances
Stove, Refrigerator, Dishwasher, Washer, Dryer
Flooring
Tile, Vinyl Plank
Parking Features
Paved
Roof
Asphalt
Utilities
Propane
Water Source
Municipal
Sewer
Municipal
Appliances
Stove, Refrigerator, Dishwasher, Washer, Dryer
Zoning
R2/C2

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Nova.