$1,350,000

Investment For Sale In McLaughlin, Oshawa (McLaughlin), Ontario

$1,350,000

Property Information:

Exceptional Investment Opportunity in Oshawa! Fully occupied 6-unit brick multiplex offering an attractive combination of stable in-place income and significant future upside. The property features five spacious 2-bedroom units and one 1-bedroom unit, all fully self-contained, with designated parking and an on-site laundry facility.Tenants pay their own hydro and hot water, providing an efficient expense structure for investors. Rents offer substantial upside, creating an excellent opportunity to increase cash flow and enhance the property's income potential over time. Well maintained and located in a highly convenient Oshawa neighbourhood, this property is ideally positioned near Costco, Oshawa Centre, Ontario Tech University, golf courses, Highway 401, GO Transit, public transit, schools, shopping, and everyday amenities.A compelling opportunity to acquire a fully occupied, income-producing multiplex with built-in rental upside in a strong and convenient location. Ideal for investors looking to add a multi-residential asset with immediate occupancy and long-term income-growth potential to their portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft Square Feet
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 11
  • Bathrooms: 6
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 105.8 Feet
  • Lot Frontage: 71 Feet
  • Lot Size: 71 x 105.9 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 9

Courtesy of: Royal LePage Frank Real Estate

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