For Sale: 55 Charlotte Street, Sydney, NS

About this home

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:63626)

Listed by: Valarie Sampson, RE/MAX Park Place Inc.

Home facts and features

Price details

List Price

$859,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel, Parking Space(s)

Property Type

Multifamily

Lot Size

3066 ft²

Depth

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace

Cooling

Air Conditioned

Basement Details

Full

Features

Sump Pump

Appliances

Dryer, Range - Electric, Refrigerator, Washer

Agent details

Primary Agent

Valarie Sampson

Primary Broker

RE/MAX Park Place Inc.

Secondary Agent

Jesslyn Chisholm

Secondary Broker

RE/MAX Park Place Inc.

Listing details

Days on REW

27 Days

MLS® Number

202615970

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 338km

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

55 Charlotte StreetSydney, NS, B1P 1B8