$900,000
About this Multi-Family Commercial
** Rare Investment Opportunity!** We are excited to present this unique Real Estate investment opportunity comprising 5 units - a duplex and a triplex. This property boasts an exceptional investor return with a 7.14% cap rate. Detailed financial numbers and a spreadsheet are available for review. Located in a quiet and mature area, the property features a large lot measuring 86' x 252', providing plenty of space for outdoor activities. There is ample parking with 2 driveways, and one tenant looks after maintaining the grass cutting and snow removal. The property has been maintained, with newer wiring, plumbing, roof, siding, and interiors updated in 2017. Further interior renovations 2024/2025/2026. Each unit has separate entrances and is separately metered (except for water in the back 3 units). Additionally, the property comes with 5 fridges and 5 stoves. Come and view this investment! (id:14735)
More About The Location
NORTH ON THAMES ST - TURN LEFT
Listed by KELLER WILLIAMS INNOVATION REALTY.
Brought to you by your friendly REALTORS® through the MLS® System and TDREB (Tillsonburg District Real Estate Board), courtesy of Brixwork for your convenience.
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Features
- Type: Multi-Family Commercial
- Size: 800 sqft
- $/SQFT: $1,125
