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:
11,927 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 by Keller Williams Select Realty (Branch)
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Data was last updated April 27, 2025 at 07:20 PM (UTC)
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