Property Information:
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:27)
Building Features:
-
Style:
Multiplex
-
Building Type:
Other
-
Basement Development:
Partially finished
-
Basement Type:
Full
-
Exterior Finish:
Wood
-
Floor Space:
3500 - 5000 sqft
-
Foundation Type:
Concrete
-
Heating Type:
Baseboard heaters, Forced air
-
Heating Fuel:
Electric, Natural gas
-
Cooling Type:
None
