Income-Producing 2-Unit Property With Strong Fundamentals $800.00 with the tenant paying their own heat and lights and the upstairs unit paying $500.00 and they are paying their own heat and lights. Both units are heated with electric heat. Both tenants are willing to stay however there are no written leases currently. The owner pays water and taxes. Long term tenants. Well-positioned two-unit investment property within walking distance to downtown amenities and schoolsa loc ation that supports consistent tenant demand. The rear of the property backs onto community recreational facilities including track, baseball field, and park, enhancing long-term rental appeal. The lower unit features a spacious two -bedroom with a third room layout anchored by a large family kitchen, while the upper unit offers two bedrooms and a private balcony deckan attractive feature for tenants seeking outdoor space. However the deck is in need of repair or replacement. The walls are insulated and 200-amp electrical service, with both owner and tenants reporting reasonable heating costs. A practical, well-maintained asset offering reliable cash flow, walkable location, and long-term holding potentialideal for investors seeking stable income. (id:45785)
| MLS® Number | 202601816 |
| Property Type | Multi-family |
| Community Name | Sydney Mines |
| Amenities Near By | Park, Playground, Public Transit, Shopping |
| Features | Balcony |
| Basement Type | Crawl Space |
| Constructed Date | 1939 |
| Exterior Finish | Aluminum Siding, Vinyl |
| Flooring Type | Carpeted, Linoleum, Tile |
| Foundation Type | Unknown |
| Type | Duplex |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.1492 |
| Size Total | 0.1492 Ac |
| Size Total Text | 0.1492 Ac |
| Cable Available | Unknown |
https://www.realtor.ca/real-estate/29308894/15-guy-street-sydney-mines-sydney-mines
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Cheryl Vickers