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$449,900
Status: For Sale
**Newly Renovated Five-Unit Building with Great Rental Income** This exceptional investment opportunity features a newly renovated five-unit building in a prime location. The property boasts a strong rental history with excellent tenants and the potential for increased revenue. The units include: - **Unit A:** Spacious two-bedroom apartment currently rented at $1,500 per month. - **Unit B:** Cozy two-bedroom apartment currently rented at $1,300 per month. - **Unit C:** Charming bachelor apartment currently rented at $1,000 per month. - **Unit D:** Comfortable one-bedroom apartment currently rented at $1,200 per month. - **Unit E:** Vacant two-bedroom apartment, ready for occupancy with a potential rental income of $1,200 or more per month. This building offers a great mix of units that cater to various tenant needs, ensuring a steady cash flow. With its recent renovations, the property is in excellent condition, reducing maintenance costs and increasing tenant satisfaction.
Property Type | :Residential |
MLS Number | :T9278599 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :16 Sep, 2024 (2 Days ago) |
Source | :TRREB |
Area | :Cochrane |
Postal Code | : P4N 6A1 |
Price | : $449,900 |
Property Taxes | :$3969.00 |
Tax Year | :2023 |
Heating | :None |
Place of Worship | :No |
Cross Street | :off Algonquin |
Fuel | :Gas |
Garage | :None |
16 Sep, 2024
TREB #T9278599
Property update
$449900.0