Quick Summary
Quick Summary
- Excellent investment opportunity with two residential buildings
- Renovated units with decent rents and expected rent increases
- Development potential for additional unit in 626 Division St
- Separately metered units for efficient management
- Large deep lot with ample parking space
- Convenient central location with easy access to downtown and 401
- Sheltered bus stop at the property
- Potential for improved curb appeal with exterior upgrades
ATTENTION INVESTORS! GREAT OPPORTUNITY TO PURCHASE TWO RESIDENTIAL BUILDINGS ON ONE PROPERTY. 624 DIVISION ST HAS 5 ONE-BEDROOM UNITS (TAXES OF $4,481). 626 DIVISION ST HAS 2 THREE-BEDROOM UNITS (TAXES OF $3,755). THE CURRENT OWNER HAS RENOVATED MOST UNITS OVER THE LAST TEN YEARS. DECENT RENTS (CONTACT LISTING AGENT FOR RENT ROLL).... Show More
ATTENTION INVESTORS! GREAT OPPORTUNITY TO PURCHASE TWO RESIDENTIAL BUILDINGS ON ONE PROPERTY. 624 DIVISION ST HAS 5 ONE-BEDROOM UNITS (TAXES OF $4,481). 626 DIVISION ST HAS 2 THREE-BEDROOM UNITS (TAXES OF $3,755). THE CURRENT OWNER HAS RENOVATED MOST UNITS OVER THE LAST TEN YEARS. DECENT RENTS (CONTACT LISTING AGENT FOR RENT ROLL). EXPECTED TURNOVER NEXT SPRING WILL ALLOW FOR INCREASES. DEVELOPMENT POTENTIAL IN 626 DIVISION FOR ADDITION OF 3RD UNIT (2 OR 3 BDRM). SEPARATELY METERED UNITS. LARGE DEEP LEVEL LOT OFFERS LOTS OF PARKING. SHELTERED BUS STOP AT THE DOOR. CENTRAL LOCATION WITH EASY ACCESS TO DOWNTOWN AND THE 401. FURTHER LIFT POTENTIAL FOR BUYERS WITH IMPROVEMENTS TO EXTERIOR FOR MORE CURB APPEAL. CALL TODAY TO SCHEDULE YOUR SHOWING! **** EXTRAS **** None. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
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For Sale Nearby
Sold Nearby
- 1,094 Sq. Ft.
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- 2,000 - 2,500 Sq. Ft.
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