100 York Street Sydney, Nova Scotia B1P 6B4
$625,000
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. (id:45785)
Property Details
| MLS® Number | 202512936 |
| Property Type | Multi-family |
| Community Name | Sydney |
| Amenities Near By | Park, Playground, Public Transit, Shopping, Place Of Worship |
Building
| Basement Type | Crawl Space |
| Constructed Date | 1950 |
| Exterior Finish | Aluminum Siding |
| Flooring Type | Laminate |
| Foundation Type | Concrete Perimeter |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.1212 |
| Size Total | 0.1212 Ac |
| Size Total Text | 0.1212 Ac |
https://www.realtor.ca/real-estate/28393511/100-york-street-sydney-sydney
Contact Us
Contact us for more information
Cheryl Vickers
(902) 780-4779
(902) 371-4663
1959 Upper Water Street, Suite 1301
Halifax, Nova Scotia B3J 3N2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 04 2025 08:06:02
Nova Scotia Association of REALTORS®
Exp Realty Of Canada Inc.