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$469,000
Est. payment /mo
3.4 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Sydney
MLS® Listing ID 202509728
Year Built 2007
Lot Size 3.400 Acres
Acres 3.4
Property Sub-Type Freehold
Source Nova Scotia Association of REALTORS®
Property Description
?? Investor Alert! Fully rented multi-family income property at 1210 Grand Lake Rd, Sydney, just steps from Cape Breton University! This turnkey investment offers 6 rental units, generating approx. $42,213 annually, with 18 parking spaces on a spacious 3.4-acre lot. The right side features 4 bedrooms, 2 full baths, and a large kitchenperfect for student housing. The left side is a bright 2-bedroom apartment currently rented to a family. Separate electrical meters, HRV systems, and hot water tanks for each unit ensure easy management. Recent updates include a new septic pump, washer & dryer, cooktop, and serviced HRV. Ideal for student rentals or long-term tenants, this is a high-demand location with expansion potential. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Flooring Laminate, Vinyl
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Private Pool No
Building
Sewer Septic System
Others
Ownership Freehold
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Listed by EXP Realty of Canada Inc.