Sydney, NS B1P1B8 55 Charlotte Street
$799,000



16 more

















Presented By: RE/MAX Park Place Inc.
Home Details
Unlock a Premier Investment Opportunity in Sydney's Historic North End! Are you looking to expand your investment portfolio with a property that combines historical charm and modern upgrades? Look no further than this exceptional six-unit building located in the desirable North End of Sydney. This property presents a rare opportunity for investors seeking to capitalize on a thriving rental market. Prime Location: Nestled in the heart of Sydneys Historic North End, this building is surrounded by vibrant amenities, cultural attractions, and convenient transport options. Its location not only appeals to tenants but also promises long-term appreciation in value. Over the years, this building has undergone numerous updates, ensuring that each unit is in excellent condition. Three of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. This enhances tenant appeal and guarantees consistent rental income. Strong Rental Demand: The North End is known for its attractive lifestyle, making it a hotspot for renters. With a mix of young professionals and families drawn to the area, you can expect high occupancy rates and the potential for rental growth. Opportunity for Additional Value: While three units are already fully renovated, the other three provide an excellent opportunity for further improvements. Investing in these units can significantly increase their rental potential, allowing you to maximize your return on investment. Stable Income Potential The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a blend of established and newly improved units, catering to a wide array of potential tenants. (id:7434)
Presented By: RE/MAX Park Place Inc.
Interior Features for 55 Charlotte Street
Other Interior Features
Basement TypeFull
Building Fireplace PresentFalse
Flooring TypeHardwood, Laminate, Vinyl, Other, Vinyl Plank
General for 55 Charlotte Street
AmenitiesPark, Playground, Public Transit, Shopping, Place of Worship
Building AppliancesRange - Electric, Dryer, Washer, Refrigerator
Building Cooling TypeAir Conditioned, Heat Pump
Building TypeApartment
Community FeaturesRecreational Facilities
CommunityNameSydney
FeaturesSump Pump
Foundation TypeStone, Unknown
Location DescriptionCorner of Charlotte and Amelia
Ownership TypeFreehold
Property TypeMulti-family
Exterior for 55 Charlotte Street
Exterior FinishVinyl
Land Amenities Park, Playground, Public Transit, Shopping, Place of Worship
SewerMunicipal sewage system
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty