120 122 Sydney Street

BEAUTIFULLY RENOVATED UNIQUE HISTORIC BRICK BUILDING IN DOWNTOWN LOCATION! Check out this super clean building which has been converted to an easy to maintain 5 Plex residential apartment building. This fully renovated/ fully occupied property has an annual net cash flow of over 50k and the listed price is based on the a 4.5% capitalization rate return based on the asking prices and I/E provided by the seller. Each apartment is finished with hardwood flooring & beautifully updated contemporary kitchens + bathrooms. The units are all very spacious with two bedrooms, a 4pc bath, an en-suite laundry & features such as central self-controlled AC, individual decks, private/paved on-site parking + stainless steel appliances of which are included with all leases. Each unit has its own services with separate meters + the tenants pay their own utilities. (id:3082)

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