$799,000

55 Charlotte Street

Sydney Nova Scotia B1P 1B8
Multi-family
MLS® 202527115
Listing Courtesy of RE/MAX Park Place Inc.

Description

Unlock a Premier Investment Opportunity in Sydneys 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 Sydneys 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. Three of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. This enhances tenant appeal and guarantees consistent rental income. Strong Rental Demand: 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. Opportunity for Additional Value: While three units are already fully renovated, the other three provide an excellent opportunity for further improvements. Investing in these units can significantly increase their rental potential, allowing you to maximize your return on investment. Stable Income Potential The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a blend of established and newly improved units, catering to a wide array of potential tenants. (id:56844)

ID:
202527115
Category:
Multi-family
Status:
Active
Lot:
0.0704 acres
MLS® Number:
202527115
Common Interest
Freehold
Parcel Number:
15054745
Building Type:
Apartment
Community Name:
Sydney
Days On Market:
72
Lot Features
  • Sump Pump
Community Features
  • Recreational Facilities
Appliances
  • Washer
  • Refrigerator
  • Range - Electric
  • Dryer
Cooling
  • Heat Pump
  • Air Conditioned
Foundationd Details:
  • Stone
  • Unknown
Basement:
  • Full
Exterior Features:
  • Vinyl
Flooring:
  • Hardwood
  • Laminate
  • Other
  • Vinyl
  • Vinyl Plank
Parking Features:
  • Parking Space(s)
  • Gravel
Structure Type:
  • Apartment
Water Source:
  • Municipal water
Sewer:
  • Municipal sewage system
Corner of Charlotte and Amelia
Neighbourhood map for property at 55 Charlotte Street
55 Charlotte Street Sydney
Provincial Map showing 55 Charlotte Street
55 Charlotte Street Sydney

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