53-55-57 Forrest Street, Sydney Mines, Nova Scotia, CA

Address: 53-55-57 Forrest Street, Sydney Mines, Nova Scotia

0 Beds0 Baths0 sqftStatus: Buy
Price $179,000

Property Overview


Investor Alert! Whether youre just starting your rental portfolio or expanding it, this income-producing triplex in a great Sydney Mines location is one to consider. The building offers two one-bedroom units both on the upper level, and a spacious three-bedroom, two-bathroom unit on the lower level, which has been recently updated with newer bathroom flooring, a refreshed vanity/sink, and was updated with some mudding and paint. This apartment is clean, fresh and move in ready for the next tenants! The property has also seen significant exterior improvements, including partial roof replacement, all-newer siding with level wall insulation, and a new back stairway and patio completed, all done in October 2025. A sump pump is in place in the basement for added peace of mind. Each unit is separately metered, with tenants paying their own heat and electricity. The owner currently pays water and property taxes. The basement offers a designated laundry area, ideal for installing coin-operated machines to generate additional income. A few minor renovations and exterior clean-up items are still in progress. Conveniently located right behind the police station, this property presents a strong investment opportunity with excellent rental potential. A promising addition to any investment portfolio! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Triplex
Community Name
Sydney Mines
Title
Freehold
Land Size
0.2089 ac
Building
Interior Features
Appliances Included
Stove, Refrigerator
Flooring
Laminate, Vinyl
Building Features
Features
Sump Pump
Foundation Type
Block, Concrete Perimeter
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Public Transit, Shopping
Features
           Sump Pump            Stove            Refrigerator
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Your Home Finance Calculation

Property Price CA $179,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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