?? Investor Alert! Fully rented multi-family income property at 1210 Grand Lake Rd, Sydney, just steps from Cape Breton University! This turnkey investment offers 6 rental units, generating approx. $42,213 annually, with 18 parking spaces on a spacious 3.4-acre lot. The right side features 4 bedrooms, 2 full baths, and a large kitchen?perfect for student housing. The left side is a bright 2-bedroom apartment currently rented to a family. Separate electrical meters, HRV systems, and hot water tanks for each unit ensure easy management. Recent updates include a new septic pump, washer & dryer, cooktop, and serviced HRV. Ideal for student rentals or long-term tenants, this is a high-demand location with expansion potential. (id:45785)
MLS® Number | 202509728 |
Property Type | Multi-family |
Community Name | Sydney |
Amenities Near By | Golf Course, Playground, Public Transit, Place Of Worship |
Community Features | School Bus |
Basement Type | Crawl Space |
Constructed Date | 2007 |
Exterior Finish | Vinyl |
Flooring Type | Laminate, Vinyl |
Foundation Type | Concrete Perimeter |
Type | Duplex |
Utility Water | Drilled Well |
Gravel | |
Parking Space(s) |
Acreage | Yes |
Land Amenities | Golf Course, Playground, Public Transit, Place Of Worship |
Sewer | Septic System |
Size Irregular | 3.4 |
Size Total | 3.4 Ac |
Size Total Text | 3.4 Ac |
https://www.realtor.ca/real-estate/28255222/1210-grand-lake-road-sydney-sydney
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Cheryl Vickers