60,62,64 Gordon Avenue

Multi-family For Sale in Fairview, Nova Scotia

$779,900
This spacious, purpose-built triplex presents a unique investment opportunity, featuring three well-designed three-bedroom units. The two upper, side-by-side residences offer the feel and privacy of semi-detached homes, each with separate front and rear entrances, private decks, dedicated driveways, and individual backyard space. The right-side upper unit also includes a second bathroom (1/2 bath) and laundry, and a generous 13-by-20-foot garage, providing valuable storage for a tenant or the potential to generate additional rental income. The bright, spacious lower-level apartment has its own front and rear walkout entrances. Each unit is separately metered for electricity, with tenants responsible for their own power. The owner currently provides oil-fired heat to all three units through a three-zone boiler housed in a utility room with exterior access at the rear of the building. A separate oil-fired water heater supplies domestic hot water to the upper-left and lower-level units, while Unit 62 has its own electric water heater and pays for its own hot water. Adding heat pumps, potentially with available incentives, could improve operating efficiency and cash flow. With three large three-bedroom units offering a semi-detached feel and strong potential for increased rental income, this property is an exceptional addition to an investment portfolio. Sewer Lateral to be newly lined prior to closing. Rents #60 (Left) - $1,030, #62 (Basement) - $1,650, #64 (Right) - $1,230 (id:4069)
Address
60,62,64 Gordon Avenue
List Price
$779,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Fairview
Lot Size
0.1561 Sq. Ft.
MLS® Number
202626755
Listing Brokerage
Century 21 Trident Realty Ltd.
Postal Code
B4M2X4
Ownership
Freehold
Site Influences
Public Transit, Place of Worship
Appliances
Range - Electric, Washer/Dryer Combo, Refrigerator
Heat Source
Oil
Heat Type
Baseboard heaters
Foundation Details
Concrete Perimeter
Water Source
Municipal water
Sewer
Municipal sewage system

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Lucy Muszkie

Sales Representative

RE/MAX Banner Real Estate Annapolis Royal

Mobile: 902-308-3144

Office: 902-245-4952

lumuszkie@gmail.com

324 St. George Street, PO Box 333 Annapolis Royal Nova Scotia B0S 1A0