21-23 Newbury Street, Sydney, NS

$229,000

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4

Beds

0.10

Acres

About 21-23 Newbury Street

Welcome to this investment opportunity with so much potential. You could live in one and collect rent from the other. Located in a central area of Sydney close to all amenities and only 5 minutes to the Regional Hospital makes this is a very desirable package. This property has been rented to the same tenants for many years with much potential for rental advancement. The property is solid with each unit heated separately with its own meter and electric heat. Each unit is 2 bedrooms with laundry and a kitchen and bath. The grounds a nice and have a private back yard with a shed. RENT BREAKDOWN from tenants who occupied the units for 16 years. UNIT 1- Up stairs- $605.00 (tenant pays $280.00 government Sub pay $325.00 and that includes heat and lights. Could be paid by a tenant as its on a separate meter in a future lease. UNIT 2- Lower Level Tenant pay $700.00 and the tenant covers his own heat and lights. Water, Insurance is all paid by the sellers. The snow and lawn is the responsibility of the tenant on the lower level. UNIT 2

Features of 21-23 Newbury Street

MLS® # 202400632
Price $229,000
Bedrooms 4
Bathrooms 0.00
Acres 0.10
Type Residential Income
Sub-Type Duplex
Status Active Under Contract

Community Information

Address 21-23 Newbury Street
Area Cape Breton
Subdivision N/A
City Sydney
County Cape Breton
Province NS
Postal Code B1P 3P7

Amenities

Utilities Electricity Connected
Parking Spaces 2
Parking Double
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Fireplace No
# of Stories 2
Has Basement Yes
Basement Finished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Foundation Concrete Perimeter

Additional Information

Days on Market 137
Zoning R

Listing Details

OfficeEXP Realty of Canada Inc.

Listing Map

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