Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $100,200 in annual income, plus a ground-floor commercial space. Current CAP rate of 6.3%. 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:51300)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X12214848 |
Property Type | Multi-family |
Community Name | Shakespeare |
Parking Space Total | 10 |
Age | 0 To 5 Years |
Appliances | Dryer, Stove, Washer, Refrigerator |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Exterior | 4735 Sqft |
Size Interior | 4,735 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 127 Ft ,1 In |
Size Frontage | 103 Ft ,8 In |
Size Irregular | 0.384 |
Size Total | 0.384 Ac |
Size Total Text | 0.384 Ac |
Zoning Description | C1 |
https://www.realtor.ca/real-estate/28456403/2236-line-34-perth-east-shakespeare-shakespeare
Shaun Pickering
Salesperson
Marlyse Ennett
Salesperson