List Price: $899,900

MLS# X9233421

Brokerage: RE/MAX REALTRON REALTY INC.


X9233421
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A prime investment opportunity, this well-maintained building offers close to 9,000 sq. ft. of rentable space. The main floor, currently vacant and zoned commercial, awaits your vision. The second floor features 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat and electric. With a current monthly income of $10,620, the property is occupied by quality tenants, fostering a safe and secure community. Recently rebuilt with engineering and city permits, encapsulating masonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building also features separate meters and minimal maintenance. This property offers security in a highly attractive cap rate alongside robust cash flow. Priced to sell.
Washrooms 9
Bedrooms 9
Basement Full
Lot Front 64.00
Lot Depth 136.00
Central Vac
Days On Market 114.0
Heat Source Electric
Garage Type Attached
Approx Age 51-99
Approx Square Footage 5000+
Taxes 17000.00
Type Multiplex
Community
Air Conditioning None

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