Overview
- Updated On:
- July 09 2025
- MLS® Number
- X12271223
- 8 Bedrooms
- 5 Bathrooms
Description
5 unit building in the heart of Centertown. Discover a rare investment opportunity with a solid brick building, perfectly situated in the vibrant heart of Centertown. Offering timeless character and strong income potential, this gem features five apartments, each with unique charm and architectural details that echo the building's heritage. From the original brick façade and large sash windows to the high ceilings and hardwood floors, the property exudes classic appeal while offering modern comfort. The spacious units ranging from one to two bedrooms are thoughtfully laid out and filled with natural light, making them highly desirable for long-term tenants and professionals seeking downtown living. Conveniently located steps from shops, restaurants, public transit, and cultural attractions, this building offers both lifestyle and location. Whether you're an investor looking to expand your portfolio or a visionary seeking a boutique residential project, this property delivers on every front. Key Features: 5 self-contained apartments, Prime Centertown location, Historic brick architecture, High tenant demand area, Excellent walkability and transit access, Potential for increased rental income. Don't miss this opportunity to own a piece of Centertown's history with solid returns and endless potential. Unit mix consists of 3-3 bedrooms, 2-1 bedroom units. Gross income: $117,078.88 Net Income: $79,532.12, Expenses- Hydro $685, Gas $5659, Property taxes-$13,473.76, Insurance-10,875, Snow 1385 , Property Management- 5469. (id:57887)
- Principal and Interest
- Property Tax
- HOA fee
