Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the property’s rental potential. With a strong cap rate of 6% and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable 13.5% cash-on-cash return in the first year with just 15% down. To sweeten the deal, we’re offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. Reach out today for the full detailed package—don’t miss out! (id:47423)
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Detailed Information
Lot
50 x 225 ft
Community Features
High Traffic Area
Listing Contract Date
2025-01-27
Location Description
Located on Mosley Street at 19th Street North
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Other
Transaction Type
For sale
Zoning Description
R1
Building
Basement Type
None
Stories Total
3
Size (Exterior)
11464
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Sewer
Municipal sewage system
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