Great Investment property. 5 Units. One 2bedroom townhouse, Four 1 Bedroom apartments. Totalling 6 Bedrooms, 5 baths. Building is 15 years, almost new. Well maintained. 55 Years architectural shingles. Quiet neighborhood. Upscale finishes. Large units. Elevated lot. Here are some financial reasons why you should buy this apartment: 8-10% Investment Return - vs. 0.25% on Bank Deposit for 1 Year Fixed Capital Protection via Insured Real Estate Capital Appreciation via Property Value Increase + Discounted Price High Demand units due to affordable rents ($700 for 1 Bed units, $1200 for Townhouse) Low vacancy rate due to Affordable rents (can increase for additional yield) Long Term Tenants (Average tenants stay 5+ Years) Great Condition of Building (Relative newness (12 years and Professionally maintained) Real Estate Investment better to beat Inflation and VAT environment Call to view and buy it today.
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