5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units.
Mls | X10408730 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Price Change |
Days On Site | 34 |
Listing Provided By | MYSAK REALTY INC. | Not Provided |
State | ON |
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County | Hamilton |
City | Hamilton |
Zip Code | L8M 3B2 |
Area | Central |
Listing VS Median (in L8M 3B2) | |
Price: $2,699,000 low | high Med: $0 On Site: 34 low | high Med: |