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- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202525565
- Photos (18)
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Investment opportunity on Townsend Street, 5-unit income property | $449,000. Discover a prime investment in the heart of Sydney, Cape Breton! This 5-unit residential property is ideally located on Townsend Street, offering steady rental income and excellent long-term potential. Tenants are responsible for their own electricity, keeping operating expenses lower for the owner. This property is a perfect addition to any real estate portfolio, offering stable cash flow in a growing market. Conveniently located near downtown amenities, schools, and bus routes, it appeals to a wide range of renters. Whether you’re an experienced investor or just getting started, this property offers a solid return and future appreciation potential.
- Sheriff Ave. to Townsend St.
- Listing Sub-Area:
- 201-Sydney
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 24' * 40'
- Outside Dimenions:
- 24' * 40'
- Lot Size:
- 3,999 sq. ft.
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- Yes
- # of Rental Units / Occupied:
- 5
- Age:
- 55
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Concrete
- Basement:
- Crawl Space
- Floor Finish:
- Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- Paved
- Driveway:
- Paved
- Water Supply:
- Municipal
- Sewer:
- Municipal
- Num Units:
- 5
- Num Bachelor Units:
- 2
- Num 1 Bed Units:
- 1
- Num 2 Bed Units:
- 2
- # Of Fridges:
- 5
- # Of Stoves:
- 5
- Rental Income:
- Yes, 52200 annually
- Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
- Cooktop - Electric, Refrigerator
- None
- None
- No
- Lot 27 BL H
- Zoning:
- MUC
- Elementary School:
- Brookland Elementary School
- High School:
- Sydney Academy
- Middle School:
- Malcolm Munroe Memorial Junior H
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Listed by Keller Williams Select Realty
Data was last updated October 17, 2025 at 11:20 PM (UTC)
Area Statistics
- Listings on market:
- 20
- Avg list price:
- $291,950
- Min list price:
- $189,000
- Max list price:
- $850,000
- Avg days on market:
- 59
- Min days on market:
- 2
- Max days on market:
- 345
These statistics are generated based on the current listing's property type
and located in
201-Sydney. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Jerry & Annette Murphy's Team
- KELLER WILLIAMS SELECT REALTY - 14094
- (902) 456-3730
- Contact by Email
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222 Waterfront Drive, Suite 106
Bedford, NS, B4A 0H3
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Copyright © 2025 Jerry and Annette Murphy's Team of Keller Williams Select Realty
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.