4,000 ft2
None
Radiant Heat
$1,699,900
Prime Investment Opportunity: 6-Unit Multi-Residential Building. Located just a few blocks from vibrant Beechwood Avenue, this well-maintained 6-unit property presents a strong investment opportunity. Each unit offers one bedroom and one bathroom, with consistent updates and maintenance carried out over the years. Key features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross rental income: $115,320, Operating expenses: $22,649, Net Operating Income (NOI): $92,671. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. This property offers excellent cash flow with upside potential. Full investor package is available. Some photos are virtually staged. (id:63476)
Property Details
|
MLS® Number |
X12451298 |
|
Property Type |
Multi-family |
|
Community Name |
3402 - Vanier |
Building
|
Appliances |
Dryer, Washer |
|
Cooling Type |
None |
|
Heating Type |
Radiant Heat |
|
Size Interior |
4,000 Ft2 |
|
Type |
Multi-family |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
89 Ft ,10 In |
|
Size Frontage |
32 Ft ,11 In |
|
Size Irregular |
32.96 X 89.88 Ft |
|
Size Total Text |
32.96 X 89.88 Ft |
|
Zoning Description |
R4ua |