Courtesy of Pam Gill of Sutton Central Commercial Real Estate
MLS® # E4419349
This is a 2.5 story wood frame construction complex. Exterior upgraded with vinyl siding balcony surfaces and newer balconies. Torch on membrane roof replaced in 2007. Hot water heating system. Tenants pay for own power. All units have been upgraded on turnover. Mix 1 bachelor/6 x 1 bedroom/2 x 1 bedroom plus den. Upper units have a balcony, 2 units have 2 balconies. No vacancy. Easy to manage. Gross income over $105,000 per annum. Rents can be increased by June. Current cap rate 4.92%.