This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means there's potential for increased cash flow in the future. All 5 units have renovated kitchens, some stainless appliances, updated bathrooms, newer flooring through all of the 5 units, all newer light switches and electrical out lets and newer LED lights in most units. If you're considering this, it might be worth looking into the current market trends and rental rates in the area to get a better sense of the potential returns. What do you think? **** EXTRAS **** all 5 units have renovated kitchens, some stainless appliances, updated bathrooms, brand new flooring through all of the 5 units, all new light switches and electrical out lets and new LED lights in most units.. (id:56069)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X10404990 |
Property Type | Multi-family |
Community Name | NW |
Cooling Type | Fully Air Conditioned |
Heating Type | Baseboard Heaters |
Size Interior | 16,964 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 134 Ft |
Size Frontage | 124 Ft ,11 In |
Size Irregular | 124.94 X 134.08 Ft |
Size Total Text | 124.94 X 134.08 Ft |
Zoning Description | Row |
https://www.realtor.ca/real-estate/27611387/337-339-saulsbury-street-e-strathroy-caradoc-nw-nw
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Jose Medeiros
Broker of Record
(519) 645-6445