Size
-
Lot size
4710 sqft
Street frontage
-
Possession
Other
Price per sqft
$180 - $216
Taxes
$5,400 (2024)
Parking Type
-
Style
2-Storey
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Description
Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61,800 in gross income per year providing a net operating income of almost$43,000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio.
Broker: Royal LePage Northern Life Realty, Brokerage
MLS®#: X12192182
Property details
Parking:
2
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
40 Ft
Lot depth:
117 Ft
Listed on:
Jun 3, 2025
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Instant estimate:
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$44,035
lower than listed pricei
High
$527,722
Mid
$495,865
Low
$482,376
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1/41
$499,900
23 days
6BD
2BA
4 Parking
2,500-3,000 sqft
MLS#: X12165567
Revel Realty Inc. Brokerage