Ideal investment opportunity at 7.25% Cap. This commercial mixed use rooming house provides steady income stream with long term tenants in place. The building was completely renovated in 2001 right down to the studs with new plumbing, electrical and roofing. More recent upgrades includes LED lighting throughout, high-efficient hot water tank for residential supply. The building consist of 16 studio units. each floor has two common bathroom, a shower room and common kitchen. Two main floor commercial leases expires 2027. (30840653)
Property Type
Multi-family
Neighbourhood Name
Mccauley
Time on REALTOR.ca
148 days
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