PHASE ONE ENVIRONMENTAL FULL REPORT AVAILABLE. (SUMMARY IN ATTACHMENTS) NO FURTHER INVESTIGATION REQUIRED SO GOOD TO GO FOR FINANCING!!! Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Now with a potential 6.80% cap rate if tenant leases the autoshop or woodshop for only $1500.00 a month, office and basement. Could also use rental income from residential units to have a free autoshop and make a very lucrative business. Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
5
Lot
45.75 x 155 ft
Features
Sump Pump
Listing Contract Date
2025-10-27
Location Description
Corner of Hagar St and Burgar St.
# of Parking Spaces
8
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RL2
Building
Age
100+ years
Appliances
Dryer, Stove, Washer, Refrigerator
Basement Type
Full
Cooling Type
Wall unit
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Radiant heat
Stories Total
2
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Cable
Available
Electricity
Installed
Sewer
Installed
Land
Total Size
45.8 x 155 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
45.8 x 155 FT
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