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Overview
- 7 Bedrooms
- 6,550.00 ft2
- Year Built: 1941
Property Description
INVESTORS TAKE NOTE!! A wonderful Investment Offering a RARE 5% NET CAP RATE!! This non-conforming 7-plex is never Vacant and situated in a very central location on the downtown boarder and on all major bus routes! Boasting 3 Studio suites, 3 1-Bedroom suites and a 1 2-Bedroom suite. Renovated throughout while profiting over $41,000/year this is a high yield and low maintenance investment! Room for further rental growth as well. Don’t let the address fool you as this is definitely one to be seen and should be added to any savvy investors portfolio! Frontage on both Empress and Bay Streets!
Property Id : 6311
Price: $ 815,000
Property Size: 6,550.00 ft2
Bedrooms: 7
Year Built: 1941
MLS: 369279
