Last price change 4 days ago
bed
0bathProperty type
Investment
Lot size
N/A
Style
Approx. Area
N/A
Attention investors! Legal 7 unit apartment building consisting of 3-2 bedroom 3-1 bedroom and 1 bachelor apartment, all rented out with market rents and tenants pay their own heat and hydro. This well maintained property currently generates $109,080 in gross income translating to $83,863 in net operating income. Offered for sale at an impressive 8.6% rate of return. There is a mandatory Assumable Mortgage at 5.1% with a 45 year Amortization with approx $840,000 balance which helps give you lower monthly payments and increased monthly cash flow. This property is centrally located, has had many upgrades and improvements and is ready for new management. This is a property any savvy investor would love to own.
Last updated
4 days ago
Virtual tour
None
Basement information
Building size
0.142
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
2025
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