Property Description
This well-maintained multi-residential building features six self-contained units, offering a mix of bachelor, one-bedroom, and two-bedroom apartments. Fully tenanted with strong rental income and consistent occupancy, the property delivers excellent cash flow potential. Recent upgrades to the electrical and plumbing systems provide added security and lower maintenance concerns for investors. With a current cap rate of approximately 8%, this is a solid income-generating opportunity with room for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the building’s location is highly attractive to tenants. Financial statements are available upon request. Don’t miss this rare opportunity to own a versatile and profitable multi-unit property in a desirable location. The sellers are open to a VTB arrangement. (id:63357)
Property Details
- Property Type
- Detached
- Bedrooms
- 8
- Bathrooms
- 6
- Living Area
- 2,258 sqft
- Above Grade Area
- 2,258 sqft
- Stories
- 2.0
- Status
- Active
Location & Neighborhood
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