55 Charlotte Street

Description

Unlock a Premier Investment Opportunity in Sydney's Historic North End! Are you looking to expand your investment portfolio with a property that combines historical charm and modern upgrades? Look no further than this exceptional six-unit building located in the desirable North End of Sydney. This property presents a rare opportunity for investors seeking to capitalize on a thriving rental market. Prime Location: Nestled in the heart of Sydneys Historic North End, this building is surrounded by vibrant amenities, cultural attractions, and convenient transport options. Its location not only appeals to tenants but also promises long-term appreciation in value. Over the years, this building has undergone numerous updates, ensuring that each unit is in excellent condition. Five of the units have been fully renovated, featuring modern finishes and efficient heat pump systems for year-round comfort. All 6 units have fire alarm systems. Oil tank and furnace new within last 7 years. This enhances tenant appeal and guarantees consistent rental income. The North End is known for its attractive lifestyle, making it a hotspot for renters. With a mix of young professionals and families drawn to the area, you can expect high occupancy rates and the potential for rental growth. The six-unit setup provides a diversified income stream, reducing risks typically associated with single-family rentals. This building offers a majority newly improved units, catering to a wide array of potential tenants. (id:56844)

Listing

MLS® number

202615970

Status

Active

Days On Market

124

Building

Type

Apartment

Foundation

Stone, Unknown

Basement

Full

Interior

Flooring

Hardwood, Laminate, Other, Vinyl, Vinyl Plank

Heating

Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace

Cooling

Air Conditioned

Appliances

Washer, Refrigerator, Range - Electric, Dryer

Land

Lot size

0.07 acres

Lot features

Sump Pump

Exterior features

Vinyl

Community

Recreational Facilities

Parking

Type

Parking Space(s), Gravel

Utilities

Water

Municipal water

Sewer

Municipal sewage system

Fees and taxes

Common interest

Freehold

Parcel number

15054745

Directions

Corner of Charlotte and Amelia