Cape Breton · MLS® 202613708
0 sq ft lot · House · Multi-family · built 1900 · 138 days on market
listed by Sammi Li, RE/MAX Park Place Inc.
Prime investment opportunity in the heart of downtown Sydney. This well-maintained income property has been meticulously cared for by the current owners, who have consistently kept up with the property's maintenance and painting over the years. Offering two rental units in a highly sought-after location, the property is situated directly beside the Nova Scotia Community College (NSCC) campus, with a bus stop nearby and within walking distance to shopping, restaurants, banking, the YMCA, and other everyday amenities. The main-level unit is currently rented for $1,600 per month, providing immediate and reliable rental income. The upper level is configured as four individual student rental bedrooms, with room rents ranging from $600 to $650 per month, offering excellent income potential and strong appeal to the student rental market. With its prime location, consistent rental demand, and versatile layout, this property presents an outstanding opportunity for investors seeking strong cash flow. Whether you're looking to expand your investment portfolio or purchase your first income property, this is a solid opportunity in one of Sydney's most convenient and high-demand rental locations.
20% down at 4.34% fixed (Ratehub.ca), 25 years.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.