Welcome to 128 Second Line West ($949,500), an exceptional multi-unit income property offering immediate cash flow and incredible long-term development potential. This solid six-unit building features four 2-bedroom apartments, one 1-bedroom unit, and one spacious 3-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. Situated on an impressive 475-foot deep lot, this property opens the door to future possibilities and envision constructing another 6-plex, commercial building, or mixed-use development, subject to city approval. With the 6-plex itself, the groundwork is already laid for success, with a brand-new $43,000 maintenance-free metal roof that was recently installed, ensuring peace of mind for years to come. While some updating would enhance returns and appeal, the fundamentals are rock-solid: strong structure, desirable location, and exceptional land value. Located close to grocery stores, shopping and strip malls, the Beer Store, and countless amenities, tenants enjoy unmatched convenience. This is more than a property, it's an investment in growth, flexibility, and long-term security. Don't miss your chance to add a cornerstone asset to your portfolio. Call for additional information or to book a showing. (id:47421)
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Detailed Information
Communication Type
High Speed Internet
Community Features
Bus Route
Listing Contract Date
2025-10-30
Municipal ID
315820044
Property Type
Multi-family
Structures
Workshop
Transaction Type
For sale
Building
Basement Type
Full
Constructed Date
1949
Exterior Finish
Brick, Siding
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Type
Multi-Family
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
1/2 - 1 acre
Access Type
Road access
Sewer
Municipal sewage system
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