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NET OPERATING INCOME $98,315 GENERATING A 6.5% CAP RATE. LEGAL 9 UNIT APARTMENT BUILDING THAT YOU WOULD BE PROUD TO OWN. PRIDE OF OWNERSHIP IS EVIDENT IN THESE UPDATED LARGE APARTMENTS WITH GREAT TENANTS. THIS TURN KEY INVESTMENT PROPERTY FEATURES A HOT WATER GAS BOILER SYSTEM (2017), WHICH HAS BEEN SERVICED ANUALLY, AND EACH UNIT WITH ITS OWN TEMPERATURE CONTROL. PROPERTY ALSO OFFERS ARCHITECTURAL DESIGN SHINGLES (2012) AND EAVESTROUGH. THIS BUILDING HAS A MECHANICAL ROOM, ELECTRICAL ROOM WITH 400 AMP SERVICE AND LAUNDRY ROOM WITH NEWER COIN OPERATED WASHING MACHINE AND DRYER. THIS IMPRESSIVE PROPERTY INCLUDES PLENTY OF PARKING, WITH PLUG INS FOR THESE COLD WINTER NIGHTS, FOR ALL TENANTS. CALL TO ARRANGE A VIEWING. (id:24093)
Listed by GARY DOYLE of REALTY EXECUTIVES OF SUDBURY LTD,BROKERAGE

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"Based on information submitted to CREA as of March 27, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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