55 Charlotte St

For Sale 89 Days
$799,000
beds
baths

55 Charlotte St

For Sale 89 Days
$799,000
beds
baths

Highlights

Key insights

Description

Unlock a Premier Investment Opportunity in Sydney's Historic North End! Are you looking to expand your investment portfolio with a property that combines historical charm and modern upgrades? Look no further than this exceptional six-unit building located in the desirable North End of Sydney. This property presents a rare opportunity for investors seeking to capitalize on a thriving rental market. Prime Location: Nestled in the heart of Sydneys Historic North End, this building is surrounded by vibrant amenities, cultural attractions, and convenient transport options. Its location not only appeals to tenants but also promises long-term appreciation in value. Over the years, this building has undergone numerous updates, ensuring that each unit is in excellent condition. Three of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. This enhances tenant appeal and guarantees consistent rental income. Strong Rental Demand: The North End is known for its attractive lifestyle, making it a hotspot for renters. With a mix of young professionals and families drawn to the area, you can expect high occupancy rates and the potential for rental growth. Opportunity for Additional Value: While three units are already fully renovated, the other three provide an excellent opportunity for further improvements. Investing in these units can significantly increase their rental potential, allowing you to maximize your return on investment. Stable Income Potential The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a blend of established and newly improved units, catering to a wide array of potential tenants. (id:55581)

Valarie Sampson of RE/MAX Park Place Inc.,
#202518778
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    Air conditioned, heat pump
  • Sewer/ septic
    Municipal sewage system
Interior
  • Flooring
    Hardwood, laminate, vinyl, other, vinyl plank
Location
  • Community features
    Recreational facilities
  • Subdivision
    Sydney
Lot/ Land Details
  • Lot dimensions
    0.0704
Overview
  • Lot size (acres)
    0.07
  • Listing #
    202518778
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28655252/55-charlotte-street-sydney-sydney
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,131

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25 Years fixed, 20% down payment, % interest
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