LOADING

280 Townsend Street Sydney, Nova Scotia B1P 5E9

$1,499,999

Calling all investors!! 22 doors for sale as a package price. These 6 properties are located at 17 Douglas, 279 Townsend, 280 Townsend, 27/29 Kendell, 63 Johnston, and 32 Amelia. There units consist of 21 residential units and 1 commercial tenant. Currently the owner pays all the power, but most units are on separate meters and the ability to pass this cost onto the tenant is possible and would cut expenses by over $23,000 a year. The homes are a mix of oil heat as well as electric baseboard. The gross income is $204,180.11 annually, with $121,575.00 being the net income after expenses. Most of the tenants are long term tenants (id:48164)

Property Details

MLS® Number 202204386
Property Type Multi-family
Community Name Sydney

Building

Exterior Finish Vinyl
Flooring Type Hardwood, Laminate, Linoleum
Foundation Type Unknown
Type Apartment
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System

https://www.realtor.ca/real-estate/24152084/280-townsend-street-sydney-sydney

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