121 123 Pierce Street, North Sydney
- Type: Commercial
- Added: 1 week ago
- Updated: 1 week ago
- Last Checked: 1 week ago
- Listed by: RE/MAX Park Place Inc.
- View All Photos
Listing description
This Commercial listing at 121 123 Pierce Street North Sydney, NS with the MLS Number 202521457 listed by Jenessa MacInnis - RE/MAX Park Place Inc. on the North Sydney market 1 week ago at $390,000.
Residential Home, Multi-Unit, Room Rental or B&B. Take your pick! This large INVESTMENT PROPERTY has a GENEROUS RATEOF RETURN. Renovated and currently operating as a Bed & Breakfast with high demand & long-term stays, this property is an easy income stream. Potential income is $105,000 per year with an additional $4000+ from coin laundry!! That is OVER $109,000 OF PASSIVE INCOME per year - with extremely little effort. The building hosts 9 ensuite bedrooms plus a third level 'owners suite' with an additional 4 bedrooms and one bath. A 2 bedroom self contained apartment is located on the lower level. An operational fire alarm system is wired in for safety and two interior exit stairs from the upper levels. 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 turnkey for a new owner! There are many opportunities for a new owner to run as they wish. In the heart of North Sydney, over looking the harbour and Newfoundland Ferry, this location is ideal for long-term stays, travellers to Cape Breton or those living and working in the area. Call your agent today for more information and add this to your investment portfolio. (id:1945)
Property Details
Key information about 121 123 Pierce Street
Exterior & Lot Features
Learn about the exterior and lot specifics of 121 123 Pierce Street
powered by
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Nearby Listings Stat Estimated price and comparable properties near 121 123 Pierce Street
Active listings
25
Min Price
$21,500
Max Price
$999,900
Avg Price
$348,628
Days on Market
80 days
Sold listings
3
Min Sold Price
$29,900
Max Sold Price
$389,000
Avg Sold Price
$209,600
Days until Sold
27 days
Nearby Places Nearby schools and amenities around 121 123 Pierce Street
Canadian Coast Guard College
(7.5 km)
Cape Breton
Canadian Forces Station Sydney
(7.9 km)
2C Levatte Cres, Sydney
Price History
August 24, 2025
by RE/MAX Park Place Inc.
$390,000
