Courtesy Of RE/MAX HOUSE OF REAL ESTATE
One of a kind 5plex in Altadore within walking distance to transit and the numerous diverse shops and trendy restaurants throughout Marda Loop. Perched on huge 50x148 FEET LOT with an MC-1 zoning ideal for future redevelopment! Amazing cash flow property with gross annual rent of $77,220 with lots of potential to bump up rents in this hot rental market! Each unit is a spacious 2 bedroom and 1 bathroom. The 5th unit has potential to add a basement bachelor suite bumping up the unit count to 6! Offered at a solid NOI of $57,000 with close to 5% cap rate. Call for more details and expenses, rent rolls and the floor plan can be found in the supplements.
Courtesy Of RE/MAX HOUSE OF REAL ESTATE
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