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322 Townsend Street

Sydney, NS B1P 5G2
  • $354,999
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 202427063
Price Reduced
UPDATED: 3 min ago
$354,999
  • 6
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Built:
1996
Municipality:
Area:

Description

This exceptional duplex presents a lucrative investment opportunity with both units currently occupied by reliable tenants. Each unit generates a steady income, with tenants paying $1260, and $1260 in rents, showcasing the strong rental potential of this property. Situated near bus routes and within walking distance to downtown and grocery stores, the location offers convenience and accessibility for tenants. The building is on separate meters with the tenants paying their own utilities. The solid construction of the building and the presence of great tenants make this Duplex a valuable asset for any investor looking to capitalize on a stable rental income stream. This unit also has some insulation, electrical, and drywall started in the basement, making converting it to a triplex an easy transition. Don't miss out on this prime investment opportunity in a desirable location.

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-12-07T16:35:23.903.
www.halifaxareahomesforsale.com/homes/158100367
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322 Townsend Street Sydney, NS B1P 5G2

  • Price: $354,999
  • Status: Active
  • On Site: 15 Days
  • Updated: 3 min ago
  • MLS #: 202427063
6
Beds
0
Baths
0
½ Baths
0.8
Acres
1996
Built
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
Property Description
This exceptional duplex presents a lucrative investment opportunity with both units currently occupied by reliable tenants. Each unit generates a steady income, with tenants paying $1260, and $1260 in rents, showcasing the strong rental potential of this property. Situated near bus routes and within walking distance to downtown and grocery stores, the location offers convenience and accessibility for tenants. The building is on separate meters with the tenants paying their own utilities. The solid construction of the building and the presence of great tenants make this Duplex a valuable asset for any investor looking to capitalize on a stable rental income stream. This unit also has some insulation, electrical, and drywall started in the basement, making converting it to a triplex an easy transition. Don't miss out on this prime investment opportunity in a desirable location.
Exterior Features

Construction Materials Vinyl Siding Foundation Details Concrete Perimeter Garage YN No Lot Features Under 0.5 Acres Parking Features Dirt Roof Asphalt Waterfront YN No

Interior Features

Appliances StoveRefrigerator Basement Partially Finished Below Grade Finished Area Units Square Feet Flooring CarpetLaminateLinoleum Heating Baseboard Heating YN Yes

Property Features

Additional Parcels YN No Area Major 201-Sydney Area Minor N/A Community Features ParkPlaygroundNear Public TransportRecreation CenterSchool Bus ServiceShoppingPlace of Worship Electric On Property YN Yes New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Other Equipment No Rental Equipment Ownership Freehold Possession TBN Property Sub Type Duplex Rent Control YN Yes Rental Income Yes Sewer Municipal Utilities Electricity Connected Water Source Municipal Zoning RES

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Coldwell Banker Boardwalk Realty.


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-12-07T16:35:23.903.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2