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56 Evans Avenue in Fairview: 6-Fairview Multi-Family for sale (Halifax-Dartmouth) : MLS®# 202507604

56 Evans Avenue Fairview B3M 1C4 : 6-Fairview

  • $3,750,000
  • Multi-Family
  • MLS®#: 202507604
  • Status: Active
  • Built: 1967
56 Evans Avenue offers an investment opportunity to own a 12 unit renovated walk-up apartment building in Fairview. Unit mix includes 12 x 2 Bedrooms. The building was brought down to the studs and completely renovated in 2020-21. Unit features include new kitchens with dishwashers, bathrooms, and plenty of in-suite storage including large closets in hallways and bedrooms. This is perfect for an investor who enjoys a property with market rents and minimal upkeep. The property is located in Fairview, which has seen significant growth in recent years due to the proximity of Downtown Halifax, and as a convenient location within HRM. The location offers many amenities within walking distance including grocery stores, restaurants, and shopping. The area is well serviced by public transit.
Area:
Halifax-Dartmouth
Location:
6-Fairview
City:
Fairview
Postal/Zip Code:
B3M 1C4
From Dutch Village Road heading North, then turn left on to Titus Street. Turn right on to Evans Avenue. Property will be on your right.
Listing Sub-Area:
6-Fairview
Property Type:
Multi-Family
Multi-Family Type:
9 - 12 Unit
Title To Land:
Freehold
Building Dimenions:
50 x 82
Lot Size:
Switch units of measure11,927 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
12
Year built:
1967 (Age: 58)
Age:
58
# Floors:
3
Exterior Finish:
Brick
Foundation:
Concrete
Basement:
Undeveloped
Floor Finish:
Carpet, Vinyl Plank
Roof:
Rolled
Heating:
Baseboard
Fuel:
Electric
Parking:
Yes
Parking Description:
8 marked parking spaces
Driveway:
Parking Spaces(s), Paved, Shared
Water Supply:
Municipal
Water And Sewage:
6,456
Sewer:
Municipal
Num Units:
12
Num 2 Bed Units:
12
# Of Dishwashers:
12
# Of Dryers:
1
# Of Fridges:
12
# Of Microwaves:
12
# Of Stoves:
12
# Of Washers:
1
Rental Income:
Yes, 250,638
Laundry Income:
1850
Approx. Net Income:
191,837
Insurance Expense:
5,412
Taxes Costs:
14,375
Maintenace:
3548.0
Management expense:
7,519
Snow / Garbage Collection:
7,615
Electricity Bill:
15,726
Approx. Total Expense:
60,651
Approx. Total Income:
252,488
Apt Conforming, Cable, Laundry, Security Building, Storage, Telephone
Park, Public Transit, Shopping, Place of Worship
Range - Electric, Dishwasher, Dryer - Electric, Washer, Microwave, Refrigerator
None
None
No
Assessment:
1554600.0
Assessment Year:
2025
Zoning:
R-2AM
Possession Info:
Subject to tenancies
Listed Date:
Days on Mkt:
Listed by Keller Williams Select Realty (Branch)
EXIT Realty Town & Country
Data was last updated April 27, 2025 at 01:20 AM (UTC)
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