123 Pierce St

Residential Home, Multi-Unit, Room Rental or B&B. Take your pick! This large INVESTMENT PROPERTY has a GENEROUS RATE OF RETURN. This renovated building is currently operating as a room rental 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 2 bedroom self contained 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:54626)