- Address15 Ferry Street
- NeighbourhoodCape Breton
Location is everything in this income potential property that is a 2 minute walk to the bus stop to CBU! The current owners have the property rented to students and are willing to include all furnishings and necessities with the sale. There are currently 4 students renting this space with an income of $1675 per month with expenses being approximately $700-$800 per month (the rent was higher but due to covid the owners reduced it). Recent renovations include fiber glass oil tank (2013), most windows replaces (2013), furnace (2010), hot water tank (2011), roofing shingles (less then 5 years) and breaker amp electrical service. The current tenants have a 1 year lease signed and would love to stay! If you are looking to get into the rental market this is a prime opportunity! Call today for additional information or to book a private viewing.