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Sean Watt

seanrwatt@gmail.com +1(902) 220-7326

Listed by Valarie Sampson • RE/MAX Park Place Inc.

$859,000

Est. payment - /mo

3,066 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202615970

HOA Y/N No

Lot Size 3,066 Sqft

Acres 0.0704

Property Sub-Type Multi Family

Source Nova Scotia

Property Description

Unlock a Premier Investment Opportunity in Sydney's Historic North End! Are you looking to expand your investment portfolio with a property that combines historical charm and modern upgrades? Look no further than this exceptional six-unit building located in the desirable North End of Sydney. This property presents a rare opportunity for investors seeking to capitalize on a thriving rental market. Prime Location: Nestled in the heart of Sydney's Historic North End, this building is surrounded by vibrant amenities, cultural attractions, and convenient transport options. Its location not only appeals to tenants but also promises long-term appreciation in value. Over the years, this building has undergone numerous updates, ensuring that each unit is in excellent condition. Five of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. All 6 units have fire alarm systems. Oil tank and furnace new within last 7 years. This enhances tenant appeal and guarantees consistent rental income. The North End is known for its attractive lifestyle, making it a hotspot for renters. With a mix of young professionals and families drawn to the area, you can expect high occupancy rates and the potential for rental growth. The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a majority newly improved units, catering to a wide array of potential tenants.

Location

Province NS

County Cape Breton

Area 201-Sydney

Zoning UR3

Region Cape Breton

City Region Cape Breton

Rooms

Basement Full

Bedroom 2 $4448.94

Dining Room 78, 678

Kitchen $6171.00

Interior

Heating Baseboard, Furnace, Ductless

Cooling Air Conditioning, Ductless

Flooring Hardwood, Laminate, Vinyl, Other, Vinyl Plank

Equipment Sump Pump, Furnace Rented

Fireplace No

Appliance Electric Range, Dryer, Washer, Refrigerator, Stove

Laundry Laundry

Exterior

Community Features Park, Playground, Near Public Transport, Recreation Center, Shopping, Marina, Place of Worship

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres

Story 3

Foundation Stone, Other

Sewer Municipal

Water Municipal

New Construction No

Schools

Elementary Schools Brookland Elementary School

Middle Schools Sherwood Park Education Centre

High Schools Sydney Academy

Others

Ownership Freehold

ParcelsYN No

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Sean Watt

+1(902) 220-7326

Agent | N13318

Agent N13318

55 Charlotte St Sydney, NS B1P 1B8

Sean Watt

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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