Lot
Freehold
Heating
Baseboard heaters, Heat Pump, Ductless Electric
District
Sydney
Great investment opportunity at 660 Upper Prince Street! This well-located two-unit apartment building sits on a desirable corner lot and offers excellent access to shopping, services, and an easy commute to both CBU campuses. The main floor features a 1-bedroom unit, while the upper floor offers a 2-bedroom unit. The property has seen several recent updates, including a new roof, new electrical baseboard heaters, and heat pumps in both units. The lower unit was completely renovated last year, making it an attractive option for tenants. Both units have separate electrical meters, with tenants responsible for their own electricity. The 1-bedroom unit currently rents for $1,250/month and the 2-bedroom unit rents for $1,550/month, for a combined rental income of $2,800/month or $33,600 annually.A great opportunity for investors looking for a solid income-producing property in a convenient location, or for an owner-occupier looking to offset their living expenses with rental income. With its strong location and recent updates, this is a property worth a look. Dont miss outthis one wont last long! (id:374)
