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Welcome to 59 Johnston Street! This prime location offers both residential and commercial possibilities and is conveniently located close to all downtown amenities! It is walking distance to bus stops, the Sydney waterfront and Open Hearth Park!  The property is currently vacant and ready for new tenants of your choice or move in one unit and rent the other to allow you to live practically rent free!  This fantastic investment opportunity houses 2 well maintained and appealing 1 bedroom apartments, tenants share a washer and dryer which are located in the common foyer and tenants have access to a driveway and street parking. Main floor unit was recently rented for $1200 per month plus power(electric heat) and the sellers just recently posted an ad to rent the Upper unit for $1200 plus power(electric heat) and received 76 inquiries to view the property!! The need for affordable rentals is a huge investment opportunity! The structure has been extensively renovated inside and outside, including a metal roof and vinyl siding and is move in ready. Reach out to a RealtorÂ® today for more information and to set up your private viewing! (id:31684)

Home Details for 59 Johnston Street