Hello, savvy investors! Seize the opportunity with this attractive 6% cap rate offering. Discover a fully-occupied fourplex nestled in the vibrant west end of the city, boasting easy access to major highways. This property features five unique apartments, each adorned with high ceilings, expansive windows, in-unit laundry, and fully-equipped kitchens. Benefit from ample surface parking and the potential to boost your income further. Equipped with five hydro meters and four owned hot water tanks, the property maintains occupancy permits for four units. Its strategic location and modern aesthetics position it as an excellent investment prospect. Perhaps, this could be the start of your thriving AirB&B venture. (id:55689)
MLS® Number | 1389060 |
Property Type | Multi-family |
Neigbourhood | Woodward Industrial Park |
AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
Features | Balcony |
ParkingSpaceTotal | 7 |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructedDate | 1960 |
ConstructionStyleAttachment | Attached |
CoolingType | Window Air Conditioner |
ExteriorFinish | Stone, Siding |
FireProtection | Smoke Detectors |
FlooringType | Tile, Vinyl |
FoundationType | Poured Concrete |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
StoriesTotal | 2 |
Type | Fourplex |
UtilityWater | Municipal Water |
Gravel |
Acreage | No |
CurrentUse | Development Residential |
LandAmenities | Public Transit, Recreation Nearby, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 123 Ft ,10 In |
SizeFrontage | 50 Ft |
SizeIrregular | 0.14 |
SizeTotal | 0.14 Ac |
SizeTotalText | 0.14 Ac |
ZoningDescription | R2f |
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