Courtesy Of Pam Gill Of Sutton Central Commercial Real Estate.
This is a 2 story, wood frame construction complex. Legal 4 units. Each self contained with separate entry. No common hallway. Coin operated washer/dryer in the basement all suits have been upgraded. 5 new windows, hot water heating system completely upgraded. Building was under the RRAP Program which has completed. Current rents are very low due to the program but can be increased after the sale. Long term, stable tenants. Rent includes all utilities at market rents, this cash flows over 40,000/year. Cap rate of 5.58%
Listing information last updated on October 13th, 2019 at 6:46pm MDT.