property-description
RENOVATED FOURPLEX on DOUBLE LOT with NEW ‘EVERYTHING’. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex (survey copy available). Don't miss out on this investment opportunity with potential for growth and increased profitability. Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $4,597Last Updated
: Fri, May 17, 2024Mls Num
: 40582237Listing Date
: May 3, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.100Sq Ft Raw
: detailsSection.sqftSub Division
: 2045 - East Ward
detailsSection.headers.interiorFeatures
Heating
: Heat Pump, ElectricBasement
: Partially finished, Full
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Exterior Features
: Brick
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