Quick Summary
Quick Summary
- Fully renovated 13-unit building
- Excellent 5.1% capitalization rate
- Hydro paid by tenants in all units
- 12 one-bedroom and 1 four-bedroom units
- Heat pumps installed in each unit
- Completely renovated kitchens and bathrooms
- Excellent, long-term tenants
- Heavy lifting of renovations already completed
13 unit - fully renovated building. 5.1 % cap rate - does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely... Show More
13 unit - fully renovated building. 5.1 % cap rate - does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely renovated (except 1 unit). Excellent tenants. Beautiful renovations completed. A long term hold building with all the heavy lifting completed. (id:54626)
Property Details
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For Sale Nearby
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- 1,500 - 2,000 Sq. Ft.
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