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976
  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Residential Income
Size 5604 sqft
Garage No
HOA Fees $1,000
Taxes $8,053
Days Active 39
Approx. Age 1900
Avg. Price Per Sqft $191
MLS® Number 760476

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

9.4% Cap Rate - Renovated Money Maker Generating $118, 380 Gross Income and $101, 327. This beautiful, cash-flowing, turnkey, 7-unit multi-family investment property has multiple units completely renovated including NEW Hardwood Flooring, New Kitchens, New Paint, Newer Appliances, New windows in some units, New bathrooms in some units including vanities, and the best part, SEPARATED WATER, so all unities are on the tenants and this property just generates profit. Tenants love central air! Six apartments have high-efficiency heat pumps for heat and AC and split units for heating and air conditioning in the carriage house. The property’s lovely courtyard is a great outdoor space for tenants, and the top two apartments offer balconies with great views. The units are spacious and have plenty of sunlight. This area of town has become a hotspot for investors with consistent tenants in the area due to warehouse and retail development. Now fully rented! *One of the sellers is a Licensed real estate agent.Show Description
MLS® Number760476
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CCentral Air
Heating Fuel

Extras

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