Property Information:
Outstanding Opportunity for Investors with an Impressive 10+% Cap Rate! This Exceptional TurnkeyProperty is a Rare Find. Current Net Operating Income of $91,613 Per Year. This meticulouslymaintained property offers 5 Residential Units, including a 1-5 bedroom, 1-3 bedroom, and 3Bachelor units. The property boasts a beautifully landscaped secluded yard, private parking for 6cars, and is conveniently located near 3 bus routes. Additional features include coin laundry,keyless entries, cameras, and a fire-system for fire compliance. Recently Renovated in 2022-2023with updates such as a new deck, eavestrough, roof, siding, trench rainwater drainage system,laminate flooring, bathrooms, kitchens, parking spots, walkway, stairs, and appliances.This property also benefits from a very low maintenance property management system. Rental: Hot Water Tank: 1 Owned 2 Rented ($63.37). Lot area: 6383 sqf, building 3444 sqf. All units fully furnished, furniture is negotiable.
Inclusions: Dryer, Washer, Hot Water Tank, Refrigerators Full Size(4), Refrigerators Mid Size(2), Stove(2), Hot Plates (3), Smoke Detectors, Security Cameras (3)
Exclusions : All Units Furnished, Furniture Is Negotiable.
Building Features:
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Floor Space:
3482 Square Feet