Great Investment Opportunity! This fully tenanted 4-plex offers fantastic income potential in a prime location near Misericordia Hospital by the "Gates." Each suite features its own separate entrance, ensuring privacy and convenience for tenants. The property boasts 8 parking spots - 3 under tents and 5 rented separately to Misericordia staff -providing excellent additional revenue.
Recent upgrades include a new roof (2023), high-efficiency furnace (2023), and hot water on demand system (2024), giving peace of mind for years to come. Tenants pay their own hydro, keeping operating costs lower.
With strong rental demand in this desirable area, this property is an excellent addition to any investment portfolio. Pro-Forma is in supplements, ask your Real Estate Agent.
Please allow 24 hours’ notice for all showings.
5A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Building type:
Four-Plex
Depth:
150'45.7 m
Frontage:
33'10.1 m
Heating:
Forced Air, Natural Gas
Parking:
Rear Drive Access
Total Parking Spaces:
8
Storeys:
2.0
Fenced, Other/remarks, Public Transportation
Appliances Included, Balconies, Fire Alarm, Laundry Facility, Private Bathrooms, Separate Entrances, Separately Metered Hydro, Window Air Conditioned