About 48 Intercolonial Street
In this extra hot rental market, this 6-unit investment property is an excellent opportunity to enter the rental market and reap the financial rewards!!! Gross income of $49,500 per year!!! Welcome to 48 Intercolonial Street in Sydney’s north end and conveniently close to downtown, shopping amenities and bus routes. Extensively renovated and upgraded in 2012, the 6 apartments are appealing, well maintained, easily rented and offer the potential for even higher income when they become vacant. The units consist of 2 spacious 1-bedroom apartments with laundry hook-ups and 4 cozy and functional bachelor apartments. The landlord pays for utilities for all the apartments. The building is heated by a ducted HVAC heat pump. Parking is available.
Features of 48 Intercolonial Street
| MLS® # | 202301387 |
|---|---|
| Price | $380,000 |
| Bedrooms | 2 |
| Acres | 0.11 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Closed |
| Date Sold | April 26th, 2023 |
Community Information
| Address | 48 Intercolonial Street |
|---|---|
| Area | Cape Breton |
| District | 201-Sydney |
| Sub-District | N/A |
| City | Sydney |
| County | Cape Breton |
| Province | NS |
| Postal Code | B1P 1S6 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | Gravel, Parking Spaces(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Stove, Dryer, Washer, Refrigerator |
|---|---|
| Heating | Heat Pump |
| Cooling | Ducted Cooling |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished, Walk-Out Access |
Exterior
| Lot Description | Under 0.5 Acres |
|---|---|
| Roof | Asphalt |
| Construction | Vinyl Siding |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | NER |
|---|
Listing Details
| Office | Keller Williams Select Realty(Sydney,Townsend St.) |
|---|