100 York Street (MLS® 202512936)

Sydney, NS, B1P 6B4

Summary

MLS ®:
 202512936
Price:
 $625,000
Status:
 Active
District:
 201
Zoning:
 COZ
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 $74,604.00 Annual
Laundry Income:
 $100.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 Net Rev $43,751.64
Maintenance Expense:
 $4,476.24
Snow & Garbage Expense:
 $5,193.12
Insurance Expense:
 $1,342.00
Tax Costs:
 $1,869.00
Electricity Bill:
 Power $5,288.00/ Tax $1,869.00
Other Costs:
 Oil: $11,904.00/Cleaning: $780
Expense Details:
Call 902-499-7886

Property Overview

100 York Street, Sydney (MLS® 202512936): Turnkey 6-Unit Apartment Building – Prime Location Near Downtown & Campus This solid 6-unit apartment building offers an excellent investment opportunity in a high-demand rental area. Currently, 5 of the 6 units are rented, generating consistent income. The property has seen several updates over the years, including a new roof approximately 10 years ago, electrical upgrades, newer fixtures, fresh paint in some units, and updated flooring in select areas. Each apartment is spacious and well-suited for long-term tenants or student renters, close to schools, making this a smart choice for both new and seasoned investors. Key Financials: Gross Annual Revenue: $74,604.00 Current Revenue: $43,751.00 Annual Expenses: $30,852.36 Net Income: Approximately $46,000 per year Located close to the downtown core, the new campus, public transit, shops, and the waterfront, this property is ideally positioned to attract tenants year-round. With continued appeal to students and young professionals, vacancy rates remain low and rental demand high. Don't miss this opportunity to own a well-performing income property in a growing and vibrant neighborhood.

Listing Courtesy of: EXP Realty of Canada Inc.

Directions

From North end of George turn on York Street.

Building Specs.

Building Age:
75
Building Dimensions:
41x32
Foundation Type:
Concrete
Roof Material:
Rolled
Exterior Finish:
Aluminium Siding
Flooring Type:
Laminate
Heating & Cooling:
Furnace
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
Gravel

Community Features

Park, Place of Worship, Playground, Public Transit, Shopping

Rental Equipment

None

Map

Contact Agent