587 Kings Road (MLS® 202316846)

Sydney, NS, B1S 1B8

Summary

MLS ®:
 202316846
Price:
 $349,900
Status:
 Active
District:
 201
Zoning:
 RUC
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 33600
Approx. Net Income:
 18895.95
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 14704.05
Water & Sewage Expense:
 578.85
Insurance Expense:
 2986
Tax Costs:
 2015
Electricity Bill:
 4571.72
Heating Bill:
 4552.48
Expense Details:
Call 902-499-7886

Property Overview

587 Kings Road, Sydney (MLS® 202316846): Incredible find for your investment portfolio. In the heart of the city, this property consists of 3 individual lots for possible future development and giving partial harbour views as well! With only a 25 minute walk to the New NSCC location, 6 minute drive to the Cape Breton Regional Hospital and a 14 minute drive to the Cape Breton University! Currently a two unit building with a spacious two level, 3 bedroom apartment on the top floor and a recently updated two bedroom apartment on the lower level. Ample parking for your tenants and no lack of interest with this location. Top floor was renting for $1800/mth ( tenants vacate end of august, owners wanted unit empty to offer owner occupied possibilities). Lower unit is rented for $1000/mth all utilities included except internet for both units. Call today to view

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

Kings Rd, to Rosemount, Rosemount to Elmbank ave, Driveway is on Elmbank.

Building Specs.

Building Age:
73
Building Dimensions:
40.6 x 24.6
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Tile
Heating & Cooling:
Furnace, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Multi spots paved - driveway off of Elmbank not Kings Rd
Driveway/Parking:
Parking Spaces(s), Paved

Schools

Elem. School: Shipyard Elementary School
Mid. School: Malcolm Munroe Memorial Junior High School
Mid. School (French Imm.): Malcolm Munroe Memorial Junior High School 7-9

Inclusions

2 fridges, 2 stoves, 2 washers, 2 dryers, 1 dishwasher

Rental Equipment

None

Map

Contact Agent


Similar Properties