41 Charlotte Street Sydney, Nova Scotia B1P 1B5

$489,000

This charming historical property in the heart of downtown offers a unique opportunity to live in one unit while generating income from the others. The main floor boasts original character with gleaming hardwood floors, beautiful trim, and tasteful décor, making it a perfect owner-occupied space. The lower-level one-bedroom unit features laminate flooring, an office area, and a fully equipped kitchen. Upstairs, you'll find a thoughtfully spaced one-bedroom unit and a two-bedroom unit, both easy to rent due to the prime location near campus and amenities. Each unit is equipped with its own power meter, and recent updates include newer roofing shingles, some plumbing upgrades, a modern furnace, and updated windows. With oil heat, all appliances included, and a solid, well-maintained structure, this property combines historical charm with modern convenience, making it a fantastic investment or place to call home. In addition there are government grants available for upgrades to improve Historical Properties and this property does have that designation. An opportunity to improve this property with possible government funding. Rental income includes: Unit 1 (Apartment 1): $700/month Unit 2 (Apartment 2): $800/month Unit 3 (Apartment 3): $1200/month Unit 4 (Apartment 4): $800/month Heat included- power is paid by tenants (id:40687)

Property Details

MLS® Number 202501054
Property Type Multi-family
Community Name Sydney
Amenities Near By Golf Course, Park, Public Transit, Shopping, Place Of Worship, Beach
Community Features Recreational Facilities, School Bus

Building

Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1925
Exterior Finish Aluminum Siding
Flooring Type Hardwood, Laminate, Linoleum, Vinyl
Foundation Type Concrete Perimeter
Type Fourplex
Utility Water Municipal Water

Parking

Gravel

Land

Acreage No
Land Amenities Golf Course, Park, Public Transit, Shopping, Place Of Worship, Beach
Sewer Municipal Sewage System
Size Irregular 0.1121
Size Total 0.1121 Ac
Size Total Text 0.1121 Ac

https://www.realtor.ca/real-estate/27811719/41-charlotte-street-sydney-sydney

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