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Investor Alert! Whether youre just starting your rental portfolio or expanding it, this income-producing triplex in a great Sydney Mines location is one to consider. The building offers two one-bedroom units both on the upper level, and a spacious three-bedroom, two-bathroom unit on the lower level, which has been recently updated with newer bathroom flooring, a refreshed vanity/sink, and was updated with some mudding and paint. This apartment is clean, fresh and move in ready for the next tenants!  The property has also seen significant exterior improvements, including partial roof replacement, all-newer siding with level wall insulation, and a new back stairway and patio completed, all done in October 2025. A sump pump is in place in the basement for added peace of mind.  Each unit is separately metered, with tenants paying their own heat and electricity. The owner currently pays water and property taxes. The basement offers a designated laundry area, ideal for installing coin-operated machines to generate additional income.  A few minor renovations and exterior clean-up items are still in progress. Conveniently located right behind the police station, this property presents a strong investment opportunity with excellent rental potential. A promising addition to any investment portfolio! (id:31684)

Home Details for 53 Forrest Street