A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74,485 and a NOI of $51,297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
58 x 120 ft
Listing Contract Date
2024-03-21
Management Company
Self Managed -
Municipal ID
671500203
Ownership Type
Freehold
# of Parking Spaces
7
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
General Commercial
Building
Constructed Date
1900
Exterior Finish
Brick
Foundation Type
Poured Concrete, Stone
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat, Radiant heat
Stories Total
2
Utility Water
Municipal water
Land
Total Size
58 ft X 120 ft
Sewer
Municipal sewage system
Size of Irregular Land
58 ft X 120 ft
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
