Property Information:
Seize the opportunity to own this centrally located 6-unit investment property, offering tremendous potential for income growth! This well-positioned building features a mix of unit types to attract a variety of tenants. This well-maintained building offers a fantastic investment opportunity with a mix of unit types, including one 3-bedroom, two 2-bedroom units, and three 1-bedroom units. Its central location ensures convenience for tenants and strong rental demand, with excellent potential for income growth. The property has undergone significant capital improvements over the past 3-4 years, including a new roof covering, updated vinyl window inserts, electrical upgrades, and the removal of the natural gas furnaceproviding peace of mind for future owners. Please note there will be no RPDS provided. Total income is based on current and past rents and could be adjusted higher should the new owner want to renovate the interior of the units:105-Unit 1-2 Bedroom Basement 750, 105-Unit 2-1 Bedroom 775, 105-Unit 3-1 Bedroom 950, 103-Unit 4-1 Bedroom 950, 103-Unit 5 2 Bedroom 1000, 103-Unit 6-3 Bedroom 1200.Don't miss this chance to add a versatile, centrally located property with recent updates to your portfolio! As per seller direction no conveyance of offers before 2:00 pm on November 29th 2024 and all offers to have a 24 hour irrevocable. (id:27)
Building Features:
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Style:
Multiplex
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Basement Type:
Full
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Exterior Finish:
Cedar shingles, Wood
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Fire Protection:
None
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Flooring Type:
Laminate, Hardwood
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Foundation Type:
Concrete
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Total Finished Area:
4084 sqft
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Heating Type:
Baseboard heaters
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Heating Fuel:
Electric
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Appliances:
Refrigerator, Stove