About 34 Oxford Avenue
34 Oxford Avenue, Sydney Mines Excellent Investment Opportunity – 5 Unit Income Property This well-maintained 5-unit building is a smart addition to any investment portfolio. Featuring all-electric units where tenants cover their own electrical costs, it provides a low-maintenance ownership experience. Recent upgrades include newer windows, flooring, paint and ample parking, contributing to the property's long-term value. Conveniently located within walking distance to schools, shops, grocery stores, gas stations, and food services, this property is attractive to a wide range of tenants. Currently, four units are occupied by working professionals, generating a gross annual income of $52,200. Once fully rented, the projected yearly income increases to $60,600, bringing it to a 12% cap rate, a rare find and a strong cash flow potential. Additional highlights include: A well-manicured yard, offering tenants outdoor space for relaxation A rear garage, ideal for owner use such as lawn, garden, or tool storage Don’t miss this turn-key opportunity to own a solid multi-unit property in a desirable area.
