RENT INCREASES JULY 1ST !!! ($4,440 annually) Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and a new refrigerator (Apr 2026), currently rented at $1,110/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.9% (increased .4%), with rents below market ($1,600–$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.
5,832 Sq Ft
3,485 Sq Ft Taille du lot
investissement
677 $US Impôt mensuel
Intégré 1910
MLS/Identifiant de l'annonce 73504629
5 Histoires
6 Unités
Caoutchouc
Parking - Paved
Parking - Tandem
Parking - Off Street
Lot - Level
Lot - Corner Lot
Raccordement de la machine à laver
Raccordement d'un sèche-linge électrique
Raccordement de lave-linge et sèche-linge
Salon
Walk-in Closets
Pantry
Thermostat intelligent
Salle de bain avec cabine de douche
Heating - Electric
Heating - Natural Gas
Community - Shopping
Community - Public Transportation
Réfrigérateur
Lave-vaisselle
Gamme
Vinyle
Balcon - Terrasse
Skylights
Fenêtres isolées
Écrans
Public Sewer
Public Water
Bois dur
Brick Mortar
Thermostat
Varie selon l'unité.
Heating - Forced Air
Porte(s) anti-tempête
Portes isolées
Cooling - Window Units
Construction - Brick
Community - Sidewalks
Community - Public School
Community - Private School
Community - House of Worship
Community - Bike Path
Community - Laundromat
Community - Walk/Jog Trails
Community - Park
COÛT MENSUEL TOTAL
0 $US
0 $US
0 $US
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.