Baseboard Heaters, Forced Air, Furnace
$1,350,000
Unique Opportunity to Obtain a 5-Unit Building in prime Rental Location. This two-story property comprises 4 - 1 bedroom unit and 1 - commercial unit, yielding an impressive annual rental income of $112,800. Currently, each residential unit rented for $850+utilities per month, with the potential for a market rent increase to $1,100+utilities(vacant possession possible). The commercial unit rented for $4,500/month. The garage/storage space, presently unoccupied, was formerly leased for $1,500/month. With a CD2.2 zoning, this property offers substantial potential to amplify income by adding a multiunit building at the rear. A true gem for both investors and builders, this property represents an enticing opportunity. contact us today to schedule an appointment! (id:54135)
Property Details
MLS® Number
|
23023073 |
Property Type
|
Multi-family |
Building
Exterior Finish
|
Brick |
Flooring Type
|
Laminate |
Foundation Type
|
Block |
Heating Fuel
|
Electric, Natural Gas |
Heating Type
|
Baseboard Heaters, Forced Air, Furnace |
Stories Total
|
2 |
Type
|
Multi-family |
Parking
Land
Acreage
|
No |
Size Irregular
|
62.91 X Irreg |
Size Total Text
|
62.91 X Irreg |
Zoning Description
|
Cd2.2 |
https://www.realtor.ca/real-estate/26277643/3689-sandwich-windsor