33 Inverness Street, Sydney, NS B1P 0E2
Cape Breton County
Key Facts
Description
Introducing a lucrative investment opportunity in the heart of Cape Breton! This exceptional 6-unit investment property consists of two well-maintained buildings, offering a fantastic return for any astute investor. Strategically located within walking distance of local shopping amenities, this property ensures convenience for tenants, enhancing tenant satisfaction and retention. It is just five minutes from the new NSCC Waterfront Campus and a mere 10 minutes to both Cape Breton Regional Hospital and Cape Breton University, making it ideal for students, healthcare professionals, and faculty alike, thus ensuring a steady stream of potential tenants. The combination of educational institutions and essential services nearby broadens the appeal to a varied demographic, including students, healthcare workers, and families. This property is priced to provide investors with an attractive return, making it an excellent addition to any real estate portfolio. The unique layout, featuring two distinct buildings, enhances privacy and tenant appeal while also providing flexibility for potential future renovations. With ongoing developments in the area, including the new waterfront campus, the property is well positioned, making it a smart choice for forward-thinking investors. This 6-unit property not only presents a solid financial opportunity but also contributes to the vibrant community of Cape Breton. Don’t miss your chance to invest in a property that’s not just a building, but a gateway to a thriving lifestyle. Invest in your future with this prime real estate opportunity.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1912
Lot Size
0.20 acres
Ownership
Freehold
Zoning
UR3
MLS® Listing#
202607486
Property Features
Appliances
Heating
Flooring
Basement
Parking
Construction
Foundation
Roof
Other Structures
Community
Utilities
Sewer
Water Source
Financial Details
Parcel Number
15128572
Directions
Prince Street in Sydney to disco Street to Richmond Street to Inverness
Affordability Calculator
$117,980
Estimated monthly payment
$3,140/mo
Principal $471,920 · Est. interest $658,370 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sydney, NS
- CA$316,981
- Median Listing Price
- 49
- Median Days on Market
- 1,628
- Median Sq Ft
- CA$182
- Median Price / Sq Ft
- 220
- Active Listings
- This home’s price is 86% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sydney, NS.
Location
Points of Interest in Sydney, NS
Showing the Sydney area map.
Nearby Schools
Sydney Academy
School · 0.8 km away
Cusack School
Elementary · 1.3 km away
Centre for Distance Education
Secondary · 1.4 km away
Brookland Elementary School
Elementary · 1.7 km away
Whitney Pier Memorial JrHS
School · 1.8 km away
Cape Breton Business College
Secondary School · 1.8 km away
Sydney Day Care Centre
Elementary · 1.8 km away
Harbourside Elementary School
Elementary · 2.0 km away
Sherwood Park Education Centre
School · 2.0 km away
Shipyard Elementary School
Elementary · 2.4 km away
Robin Foote Elementary School
Elementary · 3.0 km away
Learnability Cape Breton
Secondary · 3.3 km away
Harbourview Montessori School
Elementary · 3.4 km away
Malcolm Munroe Junior High
Elementary · 4.8 km away
Riverview Rural High School
Secondary · 5.5 km away
Coxheath Elementary School
Elementary · 5.8 km away
Nova Scotia Community College (Marconi Campus)
Secondary School · 6.8 km away
Hair Masters Salon & School
Secondary · 9.1 km away
Ferrisview Elementary School
Elementary · 9.7 km away
Maritime Drilling Schools
Secondary · 10.0 km away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Sydney
Listing Courtesy: RE/MAX NOVA (Windsor)