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$379,000

257 Bentinck Street, Cape Breton, NS, B1P 1H1

MLS® # 202613708

None Beds

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Cape Breton NS, B1P 1H1

MLS® # 202613708

Property Information:

Prime investment opportunity in the heart of downtown Sydney. This well-maintained income property has been meticulously cared for by the current owners, who have consistently kept up with the property's maintenance and painting over the years. Offering two rental units in a highly sought-after location, the property is situated directly beside the Nova Scotia Community College (NSCC) campus, with a bus stop nearby and within walking distance to shopping, restaurants, banking, the YMCA, and other everyday amenities. The main-level unit is currently rented for $1,600 per month, providing immediate and reliable rental income. The upper level is configured as four individual student rental bedrooms, with room rents ranging from $600 to $650 per month, offering excellent income potential and strong appeal to the student rental market. With its prime location, consistent rental demand, and versatile layout, this property presents an outstanding opportunity for investors seeking strong cash flow. Whether you're looking to expand your investment portfolio or purchase your first income property, this is a solid opportunity in one of Sydney's most convenient and high-demand rental locations.

Property Features:

  • Built in: 1900
  • Title to Land: Freehold

Courtesy of: RE/MAX Park Place Inc.

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 257 Bentinck Street, Cape Breton, NS, B1P 1H1

Demographic Information of 257 Bentinck Street, Cape Breton, NS, B1P 1H1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,287.21

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.5 %

High school certificate or equivalent

18.15 %

Apprenticeship trade certificate/diploma

5.29 %

College/non-university certificate

19.31 %

University certificate (below bachelor)

9.06 %

University Degree

32.69 %

Commuter

Travel To Work

By Car

72.18 %

By Public Transit

12.59 %

By Walking

13.6 %

By Bicycle

0.0 %

By Other Methods

1.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.96 %

Houses

47.04 %

Own Vs. Rent