22 Grove Street (MLS® 202401087)

Sydney, NS, B1P 3M8

Summary

MLS ®:
 202401087
Price:
 $274,000
Status:
 Active
District:
 201
Zoning:
 UR2
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Income Details:
Call 902-499-7886

Expenses

Maintenance Expense:
 $840
Water & Sewage Expense:
 $612
Insurance Expense:
 $1,500
Tax Costs:
 $1,730
Electricity Bill:
 $2,857
Expense Details:
Call 902-499-7886

Property Overview

22 Grove Street, Sydney (MLS® 202401087): Introducing a prime real estate opportunity in Sydney's Hardwood Hill area. This impressive 2-unit duplex, strategically positioned at the corner of George Street and Grove Street, offers an investment with a seamless blend of convenience and accessibility. The property features a well-maintained two-bedroom unit and a cozy one-bedroom unit, generating steady rental income of $1,192 and $993 per month, respectively. Lower unit has a ductless heat pump and and upper unit baseboard electric heating, no more oil expense! Currently, the landlord covers the utilities, providing a hassle-free experience for both owner and tenants. Situated within minutes walking distance from key institutions such as the Cape Breton Regional Hospital, Downtown Sydney, the new Nova Scotia Community College Waterfront campus, and the recently established Cape Breton Regional Cancer Centre, this duplex is at the heart of it all. The location boasts easy access to one of the main arteries leading to downtown Sydney and is conveniently situated on a city bus route to Cape Breton University and surrounding areas! Whether you're looking to invest in a property with reliable income streams or seeking a residence close to major amenities, this duplex is a rare find in an unbeatable location. Don't miss the chance to make this property your next smart investment or comfortable home!

Listing Courtesy of: RE/MAX Park Place Inc.

Directions

Take Exit 8, to George Street, Grove Street

Building Specs.

Building Age:
76
Building Dimensions:
32 x 27
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Tile, Vinyl
Heating & Cooling:
Heat Pump -Ductless
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Multiple parking spaces
Driveway/Parking:
Gravel, Multiple Driveways

Features

Balcony, Cable, Laundry, Telephone

Community Features

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

Schools

Elem. School: Brookland Elementary School
Mid. School (French Imm.): Whitney Pier Memorial Junior High School 7-9
High School: Sydney Academy

Inclusions

8x16 Storage Shed, Upper unit appliances.

Exclusions

Lower Level Unit Washer and Dryer belongs to tenant.

Rental Equipment

None

Map

Contact Agent


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