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 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. 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. (id:4069)
Address
55 Charlotte Street
List Price
$859,000
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Sydney
Lot Size
0.0704 Sq. Ft.
MLS® Number
202615970
Listing Brokerage
RE/MAX Park Place Inc.
Basement Area
Full
Postal Code
B1P1B8
Ownership
Freehold
Site Influences
Park, Playground, Public Transit, Shopping, Place of Worship
Features
Sump Pump
Community Features
Recreational Facilities
Appliances
Range - Electric, Dryer, Washer, Refrigerator
Heat Source
Electric, Oil
Heat Type
Baseboard heaters, Furnace, Heat Pump, Ductless
Cooling Features
Air Conditioned
Foundation Details
Stone, Unknown
Water Source
Municipal water
Sewer
Municipal sewage system
