Quick Summary
Quick Summary
- Ideal investment opportunity at 7.25% Cap
- Steady income stream with long term tenants
- Completely renovated in 2001 right down to studs
- New plumbing, electrical and roofing
- Recent upgrades include LED lighting
- High efficiency hot water tank
- 16 studio units with common areas
- Two main floor commercial leases
Ideal investment opportunity at 7.25% Cap. This commercial mixed use rooming house provides steady income stream with long term tenants in place. The building was completely renovated in 2001 right down to the studs with new plumbing, electrical and roofing. More recent upgrades includes LED lighting throughout, high-efficient hot water... Show More
Ideal investment opportunity at 7.25% Cap. This commercial mixed use rooming house provides steady income stream with long term tenants in place. The building was completely renovated in 2001 right down to the studs with new plumbing, electrical and roofing. More recent upgrades includes LED lighting throughout, high-efficient hot water tank for residential supply. The building consist of 16 studio units. each floor has two common bathroom, a shower room and common kitchen. Two main floor commercial leases expires 2027. (id:54626)
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