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Home NS Cape Breton Cape Breton Municipality Sydney Northend
100 York Street
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100 York Street $625,000
$625,000
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100 York Street
Sydney, Nova Scotia B1P6B4

MLS® Number: 202512936

Listing Description

Turnkey 6-Unit Apartment Building Prime Location Near Downtown & Campus This solid 6-unit apartment building offers an excellent investment opportunity in a high-demand rental area. Currently, 5 of the 6 units are rented, generating consistent income. The property has seen several updates over the years, including a new roof approximately 10 years ago, electrical upgrades, newer fixtures, fresh paint in some units, and updated flooring in select areas. Each apartment is spacious and well-suited for long-term tenants or student renters, close to schools, making this a smart choice for both new and seasoned investors. Key Financials: Gross Annual Revenue: $74,604.00 Current Revenue: $43,751.00 Annual Expenses: $30,852.36 Net Income: Approximately $46,000 per year Located close to the downtown core, the new campus, public transit, shops, and the waterfront, this property is ideally positioned to attract tenants year-round. With continued appeal to students and young professionals, vacancy rates remain low and rental demand high. Don't miss this opportunity to own a well-performing income property in a growing and vibrant neighborhood. (230906447)

Location Description

From North end of George turn on York Street.

Property Summary

Property Type
Multi-family
Building Type
Apartment
Community Name
Sydney
Title
Freehold
Land Size
0.1212 ac
Built in
1950
Parking Type
Gravel
Time on REALTOR.ca
32 days

Price and Sale History

Date Status Price
Sep 20, 2017 Sale Closed $139,900
Nov 30, 2007 Sale Closed $90,000
Apr 29, 2005 Sale Closed $58,000

Building

Interior Features
Flooring
Laminate
Basement Type
Crawl space
Building Features
Foundation Type
Concrete Perimeter
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Neighbourhood Features
Amenities Nearby
Park, Playground, Public Transit, Shopping, Place of Worship
Parking
Parking Type
Gravel
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4
902-371-4663
902-780-4779
902-371-4663
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