Finally-A 5.5% cap rate sixplex! 5x2 bedrooms, 1x1 bedroom. If you've been sitting on the sidelines waiting for the right investment- this might be it. This building has an average rent of $1,455. and grossing over $105K annually. Four of six units have recently been renovated. Four units separately metered for hydro- paid by tenants. Four units also metered for cold water and paid by tenants as well. Gas forced air heat paid by the owner. Recent upgrades include new coin operated washer and dryer, exterior lighting and security cameras, new water softener and gas hot water heater, new mailboxes and freshly painted parking lot lines. Turnkey sixplex in desirable location or Preston- located across the street from Grand View Public School. (id:24093)

"Based on information submitted to CREA as of December 4, 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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