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55 Charlotte Street

Sydney, NS B1P 1B8
  • $799,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 202527115
$799,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Municipality:
Area:

School Information

Elementary School:
High School:

Description

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 Sydney's 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. Three of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. This enhances tenant appeal and guarantees consistent rental income. Strong Rental Demand: 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. Opportunity for Additional Value: While three units are already fully renovated, the other three provide an excellent opportunity for further improvements. Investing in these units can significantly increase their rental potential, allowing you to maximize your return on investment. Stable Income Potential The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a blend of established and newly improved units, catering to a wide array of potential tenants.

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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: 2025-11-15T00:35:32.457.
www.halifaxareahomesforsale.com/homes/169526873
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55 Charlotte Street Sydney, NS B1P 1B8

  • Price: $799,000
  • Status: Active
  • On Site: 11 Days
  • MLS #: 202527115
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
Elementary School:
Brookland Elementary School
Middle School:
Sherwood Park Education Centre
High School:
Sydney Academy
Property Description
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 Sydney's 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. Three of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. This enhances tenant appeal and guarantees consistent rental income. Strong Rental Demand: 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. Opportunity for Additional Value: While three units are already fully renovated, the other three provide an excellent opportunity for further improvements. Investing in these units can significantly increase their rental potential, allowing you to maximize your return on investment. Stable Income Potential The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a blend of established and newly improved units, catering to a wide array of potential tenants.
Exterior Features

Construction Materials Vinyl Siding Foundation Details StoneOther Garage YN No Lot Features Under 0.5 Acres Other Parking Parking Details(Parking Lot In Back/Street Parking) Parking Features GravelParking Spaces(s) Roof Asphalt Waterfront YN No

Interior Features

Appliances Electric RangeDryerWasherRefrigeratorStove Basement Full Below Grade Finished Area Units Square Feet Cooling Air Conditioning Cooling YN Yes Flooring HardwoodLaminateVinylOtherVinyl Plank Heating BaseboardFurnaceHeat PumpDuctless Heating YN Yes Laundry Features Laundry

Property Features

Additional Parcels Description 15845399 Additional Parcels YN Yes Area Major 201-Sydney Area Minor N/A Bareland Condo Yes Community Features ParkPlaygroundNear Public TransportRecreation CenterShoppingMarinaPlace of Worship Electric On Property YN Yes Gas Oil New Construction YN No Number Of Units Leased 6 Number Of Units Total 6 Other Equipment Sump PumpFurnace Rented Other Structures None Ownership Freehold Possession TBN Property Sub Type Multi Family Rent Control YN No Rental Income Yes Sewer Municipal Utilities Electricity Connected Water Source Municipal Zoning UR3

Listing information © 2025 Nova Scotia Association of Realtors.
Listing provided courtesy of RE/MAX Park Place Inc..


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: 2025-11-15T00:35:32.457.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2