Acreage
$469,000
?? 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 kitchenperfect 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:61635)
Property Details
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 |
Building
Basement Type
|
Crawl Space |
Constructed Date
|
2007 |
Exterior Finish
|
Vinyl |
Flooring Type
|
Laminate, Vinyl |
Foundation Type
|
Concrete Perimeter |
Type
|
Duplex |
Utility Water
|
Drilled Well |
Parking
Land
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 |