Realty Pro Listings: 202512936
- Details
- Features
- Specifications
- Room Sizes
- Price:625000.00
- MLS #: 202512936
- Type: Apartment
- AgentId: 1528630
- Address: 100 York Street
- City: Sydney
- Prov.: Nova Scotia
- PostalCode: B1P6B4
- Country: Canada
- Neighbourhood:
- Fireplace:No
- Acreage:Yes
MSL#: 202512936
Nova Scotia
Turnkey 6-Unit Apartment Building Prime Location Near Downtown & Campus This solid 6-unit apartment building offers an excellent investment opportunity in a high-demand rental area. Currently, 5 of the 6 units are rented, generating consistent income. The property has seen several updates over the years, including a new roof approximately 10 years ago, electrical upgrades, newer fixtures, fresh paint in some units, and updated flooring in select areas. Each apartment is spacious and well-suited for long-term tenants or student renters, close to schools, making this a smart choice for both new and seasoned investors. Key Financials: Gross Annual Revenue: $74,604.00 Current Revenue: $43,751.00 Annual Expenses: $30,852.36 Net Income: Approximately $46,000 per year Located close to the downtown core, the new campus, public transit, shops, and the waterfront, this property is ideally positioned to attract tenants year-round. With continued appeal to students and young professionals, vacancy rates remain low and rental demand high. Don't miss this opportunity to own a well-performing income property in a growing and vibrant neighborhood. (id:7303)












