416-756-1000
18
394 CENTRE STREET S
$1,049,990 Sale
Listed 13 hours ago
· 3
· 6.0
· 4
· 2000 - 2500
Key Facts
Key facts for 394 CENTRE STREET S
Property Type
Other, Other
Parking
Garage: No, 4 parking
MLS #
E12398835
Size
2000 - 2500 sqft
Basement
Unfinished, Full (Unfinished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quie...t, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only. (id:10452)
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Listing courtesy of: LAND & GATE REAL ESTATE INC.
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