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With Rents On The Rise, Buy-And-Hold Rental Investment Is A Shining Star In Today's Real Estate Market. Once In A Great While, We Find An Income Property Like This One. Owned By The Same Family For Over 40 Years This 6-7 Unit Property Is A Moneymaker. Currently, There Are 4-1 Bedroom Units & 2 Bachelors. The 7th Is Currently The Owner's Office And Could Be Rented As A Studio/Room At $750/Month. All Units Have Separate/Private Entrances (No Hallways).**** EXTRAS **** With A Potential Gross Income Of $90,000 The Property Nets Approximately $76,000 Before Financing With A Cap Of Almost 9%. The Property Is In Excellent Condition With All Wiring, Plumbing, And Fire Code Updated. 2 Units Are Newly Refreshed. (id:24093)
Listed by DOUG PETERSON of ROYAL LEPAGE PROALLIANCE REALTY

Property Details of 121 Station Street

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"Based on information submitted to CREA as of October 5, 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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