90/92 Richmond Street

Introducing a lucrative investment opportunity in the heart of Cape Breton! This exceptional 4 unit investment property consists of 4 two bedroom units , offering a fantastic return for any astute investor. Strategically located within walking distance of local shopping amenities, this property ensures convenience for tenants, enhancing tenant satisfaction and retention. It is just five minutes from the new NSCC Waterfront Campus and a mere 10 minutes to both Cape Breton Regional Hospital and Cape Breton University, making it ideal for students, healthcare professionals, and faculty alike, thus ensuring a steady stream of potential tenants. The combination of educational institutions and essential services nearby broadens the appeal to a varied demographic, including students, healthcare workers, and families. This property is priced to provide investors with an attractive return, making it an excellent addition to any real estate portfolio. To add to this value the adjacent building 33A and 33B Inverness street is also available The unique opportunity featuring two distinct buildings totaling 6 units , enhances privacy and tenant appeal while also providing flexibility for potential future renovations. With ongoing developments in the area, including the new waterfront campus, the property is well positioned, making it a smart choice for forward-thinking investors. This 6-unit portfolio package not only presents a solid financial opportunity but also contributes to the vibrant community of Cape Breton. Dont miss your chance to invest in a property thats not just a building, but a gateway to a thriving lifestyle. Invest in your future with this prime real estate opportunity. (id:67197)

Price

$275,000

Property Type

Multi-family

Transaction Type

For sale

MLS® Number

202623364

Year Built

1912

Ownership Type

Freehold

Building Type

Fourplex

Basement

Unknown

Exterior Finish

Vinyl

Fireplace

No

Foundation

Unknown

Heating Fuel

Electric

Heating

Furnace, Radiator

Water

Municipal water

Year Built

1912

Size Total

0.0978 ac

Acreage

No

Sewer

Municipal sewage system

Amenities Nearby

Park, Playground, Public Transit, Shopping, Place of Worship

• Park
• Playground
• Public Transit
• Shopping
• Place of Worship

Ownership Type

Freehold