Average square foot calculated using Size range provided by listing agent.
Description
The 9 Sisters – 11-Unit Multifamily Investment Opportunity Professionally managed 11-unit multifamily property generating $11, 800 in monthly gross rents. Unit mix includes (2) 3-bedroom units, (2) 1-bedroom units, and (7) 2-bedroom units. Two units have been recently updated; the remaining units are in average rental condition. Street parking available. Total annual income: $141, 600; estimated annual expenses: $53, 160; net operating income: $88, 440. Reflecting a 7.1% cap rate. Fully occupied, offering immediate cash flow with potential for increased returns through further renovations and rent adjustments.Show Description
MLS® Number351932
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1912
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatNone
A/CNone
Heating Fuel
Extras
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