$799,000

55 Charlotte Street, Sydney, Nova Scotia

0.07

Acres

202527115

MLS® Number

For Sale

Listing Type

$799,000 | Sydney Sydney Apartment for Sale at 55 Charlotte Street Sydney

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. 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:6289)

Financial and Mortgage

List Price $799,000
Original Price $799,000
Monthly Payment $3,332/month
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55 Charlotte Street Details

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Construction and Lot

Bathrooms 0.00
Parking Gravel, Parking Space(s)
Has Basement No
Foundation Stone, Unknown
Cooling Air Conditioned, Heat Pump
Exterior Vinyl
Features Sump Pump

Exterior of 55 Charlotte Street

Type Multi-family
Sub-Type Freehold
Amenities Park, Playground, Public Transit, Shopping, Place of Worship
Features Sump Pump

Interior

Appliances Range - Electric, Dryer, Washer, Refrigerator
Fireplace No

Sydney Information

About Sydney in Sydney

Address 55 Charlotte Street
Subdivision Sydney
City Sydney
Province Nova Scotia
Postal Code B1P1B8
Amenities Park, Playground, Public Transit, Shopping, Place of Worship
Features Sump Pump
Office/Brokerage RE/MAX Park Place Inc.

About Condo Complex

Amenities Recreational Facilities
Community Features Recreational Facilities

Sydney Map, Demographics, Characteristics

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See 55 Charlotte Street and other Sydney homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #202527115 55 Charlotte Street in Sydney, Sydney Nova Scotia, or fill out the form below. Looking for more Sydney homes for sale in Sydney? Our top Sydney real estate specialists are ready to help you buy or sell in the Sydney area. Contact us today!

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