Property Description for 265 & 267 Cedar Street
Prime Investment Opportunity – 16-Unit Income Property This 16-unit building is a proven income generator with a fantastic location that tenants love — just steps from shopping, public transit, and the downtown office hub. The property includes 14 bachelor units, two 2-bedroom apartments, and one storage unit. Operated successfully for over 40 years, this building delivers an excellent return with many long-term tenants. In the past two years, it has seen extensive updates inside and out, including boiler upgrades and a monitored fire alarm system. Certificates completed include the Fire Safety Plan and Retrofit Surface Certificate. With a gross annual income of approximately $105,000, this is an opportunity not to be missed. A confidentiality agreement is required before any financial information is disclosed. A great deal—call today to book a private showing! (id:38686)
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Property Details
Property Tax
: N/AMLS® #
: 2123985
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: BoilerBasement
: FullFlooring
: Hardwood, Linoleum, Vinyl
Exterior Features
Roof
: Asphalt shingle, Unknown
Utilities
Sewer
: Municipal sewage system
Other
Parking Features
: GravelExterior Features
: Brick, Vinyl siding
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