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Multi-family
Property Type
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Net Operating Income (NOI)
10 unit(s)
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CAP RATE
10
Leasable Doors
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Discover this exceptional investment property featuring eight fully rented units, all backed by Section 8 guaranteed rents. This two-story building boasts a well-balanced tenant mix, making it a stable addition to your portfolio. Key Features Include: Fully Renovated. Enjoy peace of mind with a complete renovation from top to bottom, offering modern finishes and comfortable living spaces.
Security Monitoring. Keep your property secure with installed security cameras both inside and outside, allowing for easy monitoring from the comfort of your home. Value-Add Potential. The basement is already stubbed, wired, and plumbed for two additional units, presenting a fantastic opportunity for future expansion. Just obtain the necessary city permit to capitalize on this potential to have a 10 unit apartment building.
Additional Amenities–Convenient On-Site Laundry: Residents benefit from laundry facilities in the basement, adding to their comfort and convenience. Prime Location: Located near public transport and local amenities, this property is attractive to tenants seeking accessibility and convenience. Don’t miss this rare opportunity to own a fully occupied investment property with significant upside potential. Contact us today to schedule a viewing appointment and explore the possibilities!