Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone! (id:47423)
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Detailed Information
Lot
68.08 x 162.5 ft
Features
Laundry- Coin operated
Listing Contract Date
2024-09-17
Location Description
Geneva Street right to Gale Crescent
# of Parking Spaces
8
Property Type
Business
Transaction Type
For sale
Zoning Description
R3
Building
Exterior Finish
Concrete, Brick
Heating Type
Radiant heat
Utility Water
Municipal water
Land
Total Size
Unit=68.09 x 162.56 FT ; See Geowarehouse
Sewer
Sanitary sewer
Size of Irregular Land
Unit=68.09 x 162.56 FT ; See Geowarehouse
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