$199,900.00
6 suite complex in the heart of midtown offering an exceptional revenue generating opportunity! The property features a 2 storey building situated on a large 10,320 square foot fenced lot with alley access, providing ample room for parking and future development. The building includes 3 bachelor units, 1 one-bedroom unit, 1 two-bedroom unit with in-suite laundry and a spacious three-bedroom top floor unit with laundry hookups. Each unit has its own power meter and tenants are responsible for their own electricity costs. The building is heated by a gas furnace with some units also featuring electric baseboard heaters for added convenience. Close to schools, shopping and the Rotary Trail, this property generates an annual gross income of $57,000, offering a strong return on investment in a great location. Don’t miss out on this versatile income generating opportunity. Call today to schedule a viewing!
- MLS® Listing ID : SK999089
- Neighbourhood : Midtown
- Type : Townhouse
- Year Built : 1915