Property Description
7.83% Cap Rate- Turnkey 5-Unit Semi- Detached Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits, offering $400,000 in recent capital improvements from top to bottom. 2- 2 Bedroom, 1- 1Bedroom 1- Studio + Den & 1- Studio. The property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,196, this property offers a solid return in a market where stability and performance matter. Landlord covers all utilities except for laundry & internet. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you won't want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 (id:63357)
Property Details
- Property Type
- Multi-Unit
- Bedrooms
- 6
- Bathrooms
- 5
- Stories
- 2.0
- Status
- Active
Location & Neighborhood
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Listing Courtesy of
ROYAL LEPAGE TEAM REALTY
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