Chuck Groocock

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Office Listings

148 Melrose Avenue
6-Fairview Halifax B3N 2E7

$1,150,000
Multi-Family built: 1952

Main Photo: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 1: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 2: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 3: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 4: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 5: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 6: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 7: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 8: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 9: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 10: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 11: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 12: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 13: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 14: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 15: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 16: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 17: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 18: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 19: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 20: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 21: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 22: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 23: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 24: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 25: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 26: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 27: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 28: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 29: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 30: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 31: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 32: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 33: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 34: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 35: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 36: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 37: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 38: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 39: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 40: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 41: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 42: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 43: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 44: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Photo 45: 148 Melrose Avenue in Halifax: 6-Fairview Multi-Family for sale (Halifax-Dartmouth)  : MLS®# 202411908
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202411908
Year Built:
1952
If you're looking for a well-maintained investment property that offers a stress-free experience and strong cash flow, this triplex would be an excellent addition to your portfolio. The current condition is already superb, but features like four power meters, three water tanks, in-unit laundry for each unit, a spacious and flat backyard, designated parking spaces for all units, and a detached double garage with workshop for the owner's tools, make this property even more appealing. Additionally, if you want to increase your returns and property value, this triplex provides the perfect canvas for the new owner's dreams, offering opportunities for upgrades such as replacing the heating system and making cosmetic improvements to each unit. Don't miss this rare opportunity.
Listing Sub-Area:
6-Fairview
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
40x28
Lot Size:
8,481 sq. ft.
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
2
Year built:
1952 (Age: 72)
Age:
72
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed, Walkout
Floor Finish:
Ceramic, Hardwood, Linoleum
Roof:
Tar/Gravel
Heating:
Baseboard, Furnace, Hot Water, Radiator
Fuel:
Oil
Garage Description:
Detached double garage.
Parking:
Yes
Parking Description:
Paved.
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
$1,477
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
1
Num 3 Bed Units:
2
# Of Dryers:
3
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, $77,280
Approx. Net Income:
$59,846
Insurance Expense:
$2,500
Taxes Costs:
$5,812
Maintenace:
500.0
Heating Bill:
$6,665
Electricity Bill:
$480
Approx. Total Expense:
$17,434
Approx. Total Income:
$77,280
Cable, Heat/Air Exchange, Power, Telephone
Golf Course, Park, Playground, Public Transit, School Bus Service, Shopping, Place of Worship
Stove, Dryer - Electric, Washer, Refrigerator
None
Deck
No
Zoning:
R-1
Possession Info:
Negotiable
Elementary School:
Fairview Heights Elementary Scho
French Imm Elementary School:
Burton Ettinger Elementary Schoo
French Imm High School:
Halifax West High School
French Imm Middle School:
Fairview Junior High School
High School:
Halifax West High School
Middle School:
Fairview Junior High School
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Listed by RE/MAX Nova (Halifax)
Data was last updated November 25, 2024 at 09:20 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$970,000
Min list price:
$389,900
Max list price:
$4,800,000
Avg days on market:
41
Min days on market:
4
Max days on market:
641
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.
CHUCK GROOCOCK
Chuck Groocock
Direct: 902-233-5834
Office: 902-453-9300