201 South Bentinck Street (MLS® 202426591)

Sydney, NS, B1P 1X7

Summary

MLS ®:
 202426591
Price:
 $499,000
Status:
 Active
District:
 201
Zoning:
 UR3
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Net Income:
 $58,348
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $23,634
Water & Sewage Expense:
 $838
Insurance Expense:
 $2,341
Tax Costs:
 $6,183
Electricity Bill:
 $7,854
Heating Bill:
 $6,418
Expense Details:
Call 902-499-7886

Property Overview

201 South Bentinck Street, Sydney (MLS® 202426591): INVESTORS ALERT - 10 Bedrooms in this professionally managed Student Rental. Want cashflow? Look no further, gross rents in 2024 have averaged $ 81,982 /year. The property is fully rented, comes furnished and is very well maintained. Proximity to Downtown Sydney and the NSCC Waterfront Campus (only a 4 min drive or 6 min bike ride away!) make this property a REAL WINNER. Some other great features are: (1) The open, spacious common areas, the large deck and the fully fenced back yard, this gives everyone a great place to relax. (2) The keyless locking system for the students that forget their keys. (3) The front porch is separated from the main foyer, this reduces heat loss, meaning lower utility bills for you. (3) The 3 piece washroom was divided in half so the shower is separate from the half bath, this is great for the tenants. (4) There is a common storage area and common laundry, so the tenants have everything they need to store their stuff. (5) Many updates to the property were completed in 2022, so the property is super fresh and ready for the next owners. This property is great for investors just getting started or those looking to add cashflow to their growing portfolio. Please allow 24-48 hours notice for full viewing. Common areas and exterior can be viewed by appointment between 9 and 5.

Listing Courtesy of: VALMAC REALTY LTD. - 16139

Directions

George St To Cromarty to South Bentinck St

Building Specs.

Building Age:
79
Building Dimensions:
33x28+21x12+11x4+4x9
Foundation Type:
Block, Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Siding
Flooring Type:
Ceramic, Hardwood, Softwood, Vinyl Plank
Heating & Cooling:
Baseboard, Furnace, Hot Water, Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
1 space paved
Driveway/Parking:
Paved, Single

Features

Heat/Air Exchange, Laundry

Community Features

Golf Course, Marina, Park, Place of Worship, Playground, Public Transit, Recreation Center, School Bus Service, Shopping

Inclusions

Fridge x2, stove, washer, dryer, dishwasher

Rental Equipment

None

Map

Contact Agent


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