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.
For sale
C$625,000
100 York St, Cape Breton, NS B1P 6B4
--beds
--baths
1,312sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
C$476/sqft
C$-- HOA
What's special
Well-suited for long-term tenants
- 85 days
- on Zillow |
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