This 6 unit investment property consists of four separate, free standing buildings & includes a great unit mix of 3: (1+1) units, 1 Studio, 1: (2+1) unit and a very large (3+1.75) Owners Unit! This property is conveniently located near the 405 and 105 FWYÃ¢â‚¬â„¢s. The building sits on a VERY large 20,164 Sqft lot and was built in 1957.
With approximately 4,406 RSF, This is a perfect Value-Add deal for a savvy investor or owner user. The property is not subject to rent control and the rents are currently below market. A new owner can raise the rents and lock in historically low financing to generate a substantial cash-on-cash return. This investment will not last long.