Primary photo of 33 Inverness Street, Sydney
1 / 30

Apartment For Sale

$589,900

MLS® Number: 202607486

Land Size

0.197

Year Built

1912

33 Inverness Street, Sydney, Nova Scotia

About This Property

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.

Property Details

Interior Details

Basement

Unknown

Flooring

Laminate, Linoleum

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Concrete Perimeter, Unknown

Parking Features

Paved Yard, Gravel

Year Built

1912

Land & Location

City Region

Sydney

Community Features

School Bus

Lot Size Area

0.1973 acres

Lot Size Dimensions

0.1973

Parcel Number

15128572

Postal Code

B1P0E2

Listing & Financials

Listing Office

RE/MAX NOVA (Windsor)

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($117,980)
5.5%
25 Years

Estimated Monthly Payment

$2,898

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property