258 Cossitt Heights Drive, Sydney, NS

About 258 Cossitt Heights Drive

A rare opportunity to purchase a brand-new, vacant income property offering flexibility for both investors and owner-occupiers. Live in one unit while renting the other to offset expenses, or lease both units for a strong, positive cash-flow investment, with a potential cap rate between 6.5% and 7%. This duplex offers a total of 1,920 sq ft, with each unit providing 960 sq ft of well-designed living space. Both units feature 2 bedrooms, 1 bathroom, and an open-concept living, dining, and kitchen area. The kitchens boast a functional layout with modern flat-panel cabinetry, while the bathrooms feature matching vanities for a clean, seamless look. Each unit has its own 200-amp breaker panel, individual meter, and electric baseboard heat, providing full tenant separation and ease of management. Appliances are included, and a 1-year warranty provides added peace of mind. The yard features front and rear concrete walkways and paved driveways, with landscaping and hydroseeding to be completed prior to closing.

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