121 - 123 Pierce Street, North Sydney, Nova Scotia B2A 1P4

Listed for:
$499,000
0 beds
0 baths
Listed 100 days ago
121 - 123 Pierce Street, North Sydney, Nova Scotia B2A 1P4

View all 50 photos

Learn more about this property
Listing provided by:
RE/MAX Park Place Inc.
MLS® number:
202401727
Agent:
Jenessa Macinnis
*Indicates required field
Name is required
Email is required

About

Turn on to Pierce From Blowers and watch for civic Residential Home, Multi-Unit, Room Rental or B&B. Take your pick! This large and renovated building is currently operating as a room rental home with high demand for space and an easy income stream. Formerly run as a successful Bed & Breakfast there are many opportunities for a new owner to run as they wish. In the heart of North Sydney, overlooking the harbour and Newfoundland Ferry terminal, this location is ideal for travellers to Cape Breton or those living and working in the area. The building hosts 9 ensuite bedrooms plus a third level with an additional 4 bedrooms and one bath. A self contained (2 bedroom) apartment is located on the lower level and one separate entrance room. The opportunities here are endless and the investment potential is evident. With multiple power meters the building could be split in to separate apartments with their own power use. With easy access to the highway for travellers or public transit for commuters, you are ideally located. The property will remain turn key for a new owner, transitioning with ease! Call today as you do not want to miss out on this opportunity for a profitable rental property or business plus residential home. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Highway, Shopping

Location

Summary

Conveniently situated near the highway and shopping facilities, this property boasts an ideal location for potential buyers. With a freehold ownership type, this large and recently renovated building offers a variety of possibilities, including residential home, multi-unit, room rental, or B&B.

Currently functioning as a room rental home with a high demand for space and a steady income stream, this property was previously operated as a successful Bed & Breakfast, presenting numerous opportunities for a new owner to customize it according to their preferences. Situated in the heart of North Sydney, overlooking the harbor and Newfoundland Ferry terminal, this location is perfect for travelers to Cape Breton or individuals living and working in the area.

The building features 9 ensuite bedrooms, along with a third level comprising an additional 4 bedrooms and one bath. Additionally, there is a self-contained 2-bedroom apartment on the lower level, as well as a separate entrance room. The property offers endless opportunities and evident investment potential, with the possibility of splitting the building into separate apartments, each with its own power meter.

Boasting easy access to the highway for travelers and public transit for commuters, the property is ideally located. It is turnkey and ready for a new owner, ensuring a smooth transition. Don't miss out on this opportunity to acquire a profitable rental property or business, along with a residential home. Contact us today!

This property is currently on the market for sale, featuring a land size of 0.1148 acres and boasting land amenities such as proximity to the highway and shopping facilities. It is located at 121 - 123 Pierce Street in the city of North Sydney, Nova Scotia, with a postal code of B2A1P4, and situated in the community of North Sydney.