Quick Summary
Quick Summary
- Newly constructed multi-plex with 4 fully leased units
- Potential to finish 2 more basement units with egress
- Separately metered utilities paid by tenants
- Each unit has 2 beds, 1 bath, in-suite laundry
- Stainless steel appliances and open living space
- 6 off-street parking spots, 1 per unit
- Security cameras installed on building exterior
- Landlord pays water/sewer, taxes, insurance, snow removal
Built in 2021 by Mountainview, this building is a turn-key investment and the perfect opportunity to take over this newly constructed multi-plex that is fully leased with great tenants and potential to finish 2 more units in the basement with large egress windows! All units are separately metered for gas and hydro which is paid for by the... Show More
Built in 2021 by Mountainview, this building is a turn-key investment and the perfect opportunity to take over this newly constructed multi-plex that is fully leased with great tenants and potential to finish 2 more units in the basement with large egress windows! All units are separately metered for gas and hydro which is paid for by the Tenants. Each unit is 2 bedrooms, 1 bathroom with in-suite laundry, it's own furnace, central air conditioner, hot water heater, a full kitchen with stainless steel fridge, stove & dishwasher and bright open living space measuring 805 sqft each. There is potential to complete the lower level two units that replicate the other 4 units, potentially making this a 6-plex. The exterior walls in the basement are insulated and the water is all plumbed-in. There are a total of 6 off-street parking spots, one assigned for each unit. Security cameras installed on exterior of building. Start your retirement plan earning passive income from this great opportunity! The landlord currently has a 5% cap rate and potential for 8% once the lower two units are completed and leased. Landlord pays water/sewer, property tax, property insurance & snow removal. Security cameras are installed on perimeter of building working off wifi. Floor plans are available. (id:54626)
Property Details
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For Sale Nearby
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- 2
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 1,500 - 2,000 Sq. Ft.
- 4
- 3
- 700 - 1,100 Sq. Ft.
- 3
- 3
- 2
- 1
- 3
- 2
- 3
- 2
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