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This is a 4 storey, wood frame construction complex. Exterior is mainly wood siding with brick accents. Roof replaced in 2017. Eavestroughs and downspouts replaced. Hot water heating system. Hot water tank replaced in 2024. Suites renovated on turnover, long term owners, professionally managed, cap rate 5%, annual income over $744,000. Excellent suite mix 22 x 1 bedroom units, 32 x 2 bedroom units. Rent increased on turnover.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame, See Remarks
Building Type:
Low Rise (2-4 stories), See Private Remarks, Walk Up
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