48 Intercolonial Street (MLS® 202301387)

Sydney, NS, B1P 1S6

Summary

MLS ®:
 202301387
Price:
 $380,000
Status:
 Active
District:
 201
Zoning:
 NER
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 49,500.00
Approx. Net Income:
 33,206.79
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 16,293.21
Snow & Garbage Expense:
 1200.00
Water & Sewage Expense:
 1396.37
Insurance Expense:
 3042.00
Tax Costs:
 3761.80
Electricity Bill:
 6893.04
Expense Details:
Call 902-499-7886

Property Overview

48 Intercolonial Street, Sydney (MLS® 202301387): In this extra hot rental market, this 6-unit investment property is an excellent opportunity to enter the rental market and reap the financial rewards!!! Gross income of $49,500 per year!!! Welcome to 48 Intercolonial Street in Sydney’s north end and conveniently close to downtown, shopping amenities and bus routes. Extensively renovated and upgraded in 2012, the 6 apartments are appealing, well maintained, easily rented and offer the potential for even higher income when they become vacant. The units consist of 2 spacious 1-bedroom apartments with laundry hook-ups and 4 cozy and functional bachelor apartments. The landlord pays for utilities for all the apartments. The building is heated by a ducted HVAC heat pump. Parking is available.

Listing Courtesy of: Keller Williams Select Realty(Sydney,Townsend St.)

Directions

Prince Street to Dodd Street, Dodd to Intercolonial.

Building Specs.

Building Dimensions:
34x28 + 14x7
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Vinyl
Heating & Cooling:
Ducted Cooling, Heat Pump -Ducted
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
None
Parking:
Parking at rear of building.
Driveway/Parking:
Gravel, Parking Spaces(s)

Community Features

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

Inclusions

6 Fridges, 6 Stoves, 2 Washers, 2 Dryers.

Rental Equipment

None

Map

Contact Agent


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