92 George Street, Sydney, NS
Are you looking for a great investment opportunity this is it! Instant significant cashflow is yours. Located on the nicest part of north end george st. Where the street is the widest and quietest. This property has been owned by the same owner since 1989. It is a great investment with a capitalization rate of almost 14%. The tenants are mostly long term and 4 out of 5 likely to be there a long time yet. Exterior is relatively maintenance free. There are a few windows that could be replaced, but not necessary. Heating costs are reasonable. There is a separate meter for all five apartments. New engineered stairs and decking on the back. The neighbours are all part of the same family, the building is quiet and the neighbours are as well.
Listing Details
Address
92 George Street, Sydney, Nova Scotia, B1P1H7
Price
$175000 CAD
Property Type
Condo
Land Size
under 1/2 acre
Parking Type
Gravel