This well-maintained low-rise residential building offers a strong unit mix of one- and two-bedroom suites, all operated on an all-inclusive basis. The property has seen targeted capital improvements over time, including electrical service upgrades, select exterior improvements, and enhancements to the lower-level heating system, supporting efficient and reliable operations.Offered at under $200,000 per unit, the asset represents an attractive near-7% capitalization rate, providing immediate cash flow with limited management complexity. Situated on a large lot along a busy, high-visibility corridor in a core, near-downtown location, the property also benefits from future upside potential, including the possibility of an ADU addition or longer-term redevelopment, subject to municipal approvals.The vendor is motivated and has identified preferred walkthrough and offering timelines. Please contact your agent for further details. (id:58549)
| MLS® Number | X12786104 |
| Property Type | Multi-family |
| Community Name | 455 - Secord Woods |
| Features | Lane |
| Parking Space Total | 6 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Stove, Refrigerator |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Concrete Block |
| Fireplace Present | Yes |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Size Interior | 1500 - 2000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 88 Ft ,2 In |
| Size Frontage | 81 Ft ,1 In |
| Size Irregular | 81.1 X 88.2 Ft |
| Size Total Text | 81.1 X 88.2 Ft |
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