A 10+% CAP RATE! With only 1 remaining unit vacant. Perfect for the seasoned investor seeking a cash-flowing building to add to your investment portfolio, this 7-unit, all-brick building is a must-see. Conveniently located just off HWY 144, and this property boasts five fully renovated units, with the remaining two units also updated within recent years. Currently 6 units tenanted. Each unit features its own hydro meter, reducing operating costs. The common areas have been upgraded with new carpeting, and efficient boiler heating. Additional perks include a coin-operated laundry facility generating an extra $2,500/year and ample on-site parking. With local amenities just a 5-minute walk away, this is a high-performing investment you don't want to miss. Schedule your viewing today! (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
Equipment
None
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
None
Road
Paved road
Transaction Type
For sale
Zoning Description
R1-5/RU
Building
Basement Type
Full
Exterior Finish
Brick
Flooring Type
Hardwood, Laminate
Foundation Type
Concrete Perimeter
Heating Type
Boiler
Roof Style
Flat
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Gravel
Land
Total Size
10,890 - 21,799 sqft (1/4 - 1/2 ac)
Access Type
Year-round access
Sewer
Municipal sewage system
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