4735 sqft
Fully Air Conditioned
Forced Air
$1,399,000
Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $83,400 in annual income, plus a ground-floor commercial space that will bring in $1,000 when rented, bringing your annual income to $95,400. Current CAP rate of 5.1% with a projected CAP rate of 5.9%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside. (id:13139)
Business
|
BusinessType
|
Residential |
|
BusinessSubType
|
Apartments |
Property Details
|
MLS® Number
|
X12214848 |
|
Property Type
|
Multi-family |
|
Community Name
|
Shakespeare |
|
ParkingSpaceTotal
|
10 |
Building
|
Age
|
0 To 5 Years |
|
Appliances
|
Dryer, Washer |
|
CoolingType
|
Fully Air Conditioned |
|
HeatingFuel
|
Natural Gas |
|
HeatingType
|
Forced Air |
|
SizeExterior
|
4735 Sqft |
|
SizeInterior
|
4735 Sqft |
|
Type
|
Multi-family |
|
UtilityWater
|
Municipal Water |
Land
|
Acreage
|
No |
|
SizeDepth
|
127 Ft ,1 In |
|
SizeFrontage
|
103 Ft ,8 In |
|
SizeIrregular
|
0.384 |
|
SizeTotal
|
0.384 Ac |
|
SizeTotalText
|
0.384 Ac |
|
ZoningDescription
|
C1 |
https://www.realtor.ca/real-estate/28456403/2236-line-34-perth-east-shakespeare-shakespeare