


Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap... Show More
Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap rate. Lots of parking in the back parking lot. Solid built building. Roof approx. 8 years old. Located right downtown within walking distance to shops, Victoria park and all amenities. 11 one bedroom apartments and 1 bachelor apartment. Laundry located in lower level. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
For Sale Nearby
Sold Nearby

- 8
- 5
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- 1,100 - 1,500 Sq. Ft.
- 3
- 2

- 1,000 - 1,199 Sq. Ft.
- 2
- 2
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- 900 - 999 Sq. Ft.
- 1
- 1

- 2
- 1

- 3,500 - 5,000 Sq. Ft.
- 8
- 4
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- 2
- 1
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- 2
- 1
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