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Great value at $200,000 a unit with this large mostly brick licensed 4-plex. This property has been meticulously maintained and updated over the last 5 years with nearly $150,000 spent during that time in updates. Exterior has been fully overhauled including roof,brick on the front of building,asphalt driveway,siding/aluminum work,fencing,exterior doors,and fully excavated and newly concrete poured basement entrance. Long term tenants with large upside in rents when the opportunity for tenant turnovers come available. Lead water service removed in 2020,cabinets in units A B and C were done in 2017,unit B was fully remodelled in 2017,and a full list of updates can be sent by email. This property also has light industrial zoning,which could allow you to add a shop to the rear of the property to increase rent or use for a personal business. Take advantage of the low vacancy rates for shop/warehouse/industrial space in the city. Great parking with the ability for 3-4 tenants to park without stacking. This multi-family property offers upside with rents,long term tenants,great location,and zoning opportunity. Don't miss the chance to add a great asset to your portfolio (id:24093)
Listed by CRAIG ROBERT HANSFORD of MAVERICK REAL ESTATE INC.,BROKERAGE

Property Details of 508 Horton Street East

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"Based on information submitted to CREA as of May 17, 2022 . 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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