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:40687)
Property Details
|
MLS® Number
|
202509728 |
|
Property Type
|
Multi-family |
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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 |
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Flooring Type
|
Laminate, Vinyl |
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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 |
https://www.realtor.ca/real-estate/28255222/1210-grand-lake-road-sydney-sydney