Quick Summary
Quick Summary
- Excellent investment opportunity with 9.5% cap rate
- Three spacious 1-bedroom units with rental potential
- Ideal for investors seeking steady rental income
- Opportunity for forced value appreciation with updates
- Cozy units appealing to singles, couples, and retirees
- Limited multi-unit properties in the area
- Comfortable living spaces with potential for improvements
- Quiet neighborhood with strong rental demand
Welcome to 460 Myles, an incredible investment opportunity featuring three spacious 1-bedroom units and a 9.5% cap rate. Each unit offers comfortable living spaces with the potential for updates and improvements, making it ideal for investors or those looking to generate rental income. This property has tons of potential for forced value... Show More
Welcome to 460 Myles, an incredible investment opportunity featuring three spacious 1-bedroom units and a 9.5% cap rate. Each unit offers comfortable living spaces with the potential for updates and improvements, making it ideal for investors or those looking to generate rental income. This property has tons of potential for forced value appreciation with the right vision. Whether you choose to update the units for higher rental yields or keep them as-is for steady income, this triplex is an excellent addition to your portfolio. With each unit offering a one-bedroom layout, there is great appeal for singles, couples, or retirees looking for a cozy home in a quiet neighbourhood. Plus, with limited multi-unit properties in the area, there's always strong rental demand. (id:54626)
Property Details
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For Sale Nearby
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- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 5
- 2
- 6
- 4
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
- 8
- 3
- 3
- 2
- 4
- 2
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