Turnkey 5-Unit Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits with a 5% Cap Rate, offering $400,000 in recent capital improvements from top to bottom. Every aspect of the property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,136, this property offers a solid return in a market where stability and performance matter. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you wont want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228 (id:6673)
MLS® Number | X12184796 |
Property Type | Multi-family |
Community Name | 3502 - Overbrook/Castle Heights |
AmenitiesNearBy | Public Transit |
CommunityFeatures | Community Centre |
Features | Flat Site, Carpet Free, Sump Pump |
ParkingSpaceTotal | 7 |
Structure | Deck |
BathroomTotal | 5 |
BedroomsAboveGround | 4 |
BedroomsBelowGround | 2 |
BedroomsTotal | 6 |
Appliances | Water Heater, Stove, Refrigerator |
BasementDevelopment | Finished |
BasementFeatures | Apartment In Basement |
BasementType | N/a (finished) |
ConstructionStatus | Insulation Upgraded |
ExteriorFinish | Aluminum Siding, Brick |
FoundationType | Poured Concrete, Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2500 - 3000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Sanitary Sewer |
SizeDepth | 124 Ft |
SizeFrontage | 34 Ft |
SizeIrregular | 34 X 124 Ft |
SizeTotalText | 34 X 124 Ft |
ZoningDescription | Am10(2199)am10(1211)5228 |
Contact us for more information
Brittany Saikaley
Salesperson