Attention investors! 5 Plex on 0.955 Acres of land (almost 1 acre). Located next to small gas station with convenience store. 4 residential units fully leased plus 1 Commercial unit at front, 1166 sq ft . 2 bedroom apartment $900/m (superintendent/tenant). 2 bedroom apartment $800/m. 1 bedroom apartment $825/m. 1 bedroom apartment $780/m. 1 commercial unit $1200/m. Oct1st., Total rent to be $4425/month. Tenants pay own Heat and Hydro., and HWT in each unit.Approx., 4.8% Cap Rate at $1.1M List Price.***Many possibilities with this investment property. Rezoning to residential development is possible. Potential to be a drive through restaurant or coffee shop. Property has some wetland conservation at the back near the lot line. Great location across the road from school, near Brooklin Park and major roadways.Do Not Walk The Property without an appointment.
Extras
Possible Seller take back 1st Mortgage up to 75% at current rates.***
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
106.5 x 306.38 ft
Lot Irregularities
Just shy of 1 Acre
Retail Area
1,166 ft2
Total Area
4,779 ft2
Elevator
None
Air Conditioning
N
Basement
N
Garage Type
None
Heat Type
Baseboard
Sprinklers
N
Sewers
Septic
Utilities
A
Water
Well
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
C 4
Seller Property Info Statement
N
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