About this home

Introducing a lucrative investment opportunity in the heart of Cape Breton! This exceptional 6-unit investment property consists of two well-maintained buildings, offering a fantastic return for any astute investor. Strategically located within walking distance of local shopping amenities, this property ensures convenience for tenants, enhancing tenant satisfaction and retention. It is just five minutes from the new NSCC Waterfront Campus and a mere 10 minutes to both Cape Breton Regional Hospital and Cape Breton University, making it ideal for students, healthcare professionals, and faculty alike, thus ensuring a steady stream of potential tenants. The combination of educational institutions and essential services nearby broadens the appeal to a varied demographic, including students, healthcare workers, and families. This property is priced to provide investors with an attractive return, making it an excellent addition to any real estate portfolio. The unique layout, featuring two distinct buildings, enhances privacy and tenant appeal while also providing flexibility for potential future renovations. With ongoing developments in the area, including the new waterfront campus, the property is well positioned, making it a smart choice for forward-thinking investors. This 6-unit property not only presents a solid financial opportunity but also contributes to the vibrant community of Cape Breton. Dont miss your chance to invest in a property thats not just a building, but a gateway to a thriving lifestyle. Invest in your future with this prime real estate opportunity. (id:63626)

Listed by: Terry Campbell, RE/MAX NOVA (Windsor)

Home facts and features

Price details

List Price

$589,900

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel, Paved Yard

Property Type

Multifamily

Lot Size

8594 ft²

Depth

Year Built

Built in 1912 (114 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Basement Details

Unknown

Agent details

Primary Agent

Terry Campbell

Primary Broker

RE/MAX NOVA (Windsor)

Listing details

Days on REW

53 Days

MLS® Number

202607486

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 339km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

33 Inverness StreetSydney, NS, B1P 0E2