For the avid investor or real estate industrialist alike, this 12-unit building is the ideal income revenue producing property. With an entirely-renovated exterior and most big renovations and repairs already completed throughout the 12 one and two-bedroom units, the well-located property is truly a no-brainer. Further, a 7.4% CAP rate offers the utmost in return on investment, providing a purely low-risk and high return venture. Current monthly income for the building is $9830, with strong potential for growth in the future. The grounds boast a low-maintenance green space in front, and abundant parking in the rear for all tenants and guests.
- 12-unit building in a great location.
- Copious parking in the rear of the building.
- Low-maintenance landscaping throughout the property.
- Exterior has been recently renovated.
- 12 separate units, all at 1 or 2 bedrooms respectively.
- Numerous updates and renovations already completed.
- Most big projects already completed.
- The ideal income revenue producing property, with a high CAP rate and low risk.
For a private viewing of this low risk and high reward income property, call the Salt Fowler Team today at 250-549-SALT (7258) and "Just Add Salt"!