318 DOLPH Street S
For Sale - $1,579,000.00
ID#: 25931641
FINALLY – A 5% CAP RATE SIXPLEX! 5 X 2 BEDROOMS, 1 X 1 BEDROOM. IF YOU’VE BEEN SITTING ON THE SIDELINES WAITING FOR THE RIGHT INVESTMENT – THIS MIGHT BE IT. THIS BUILDING HAS AN AVERAGE RENT OF $1,455. AND GROSSING OVER $104K ANNUALLY. FOUR OF SIX UNITS HAVE RECENTLY BEEN RENOVATED. FOUR UNITS SEPARATELY METERED FOR HYDRO – PAID BY TENANTS. FOUR UNITS ALSO METERED FOR COLD WATER AND PAID BY TENANTS AS WELL. GAS FORCED AIR HEAT PAID BY THE OWNER. RECENT UPGRADES INCLUDE NEW COIN OPERATED WASHER AND DRYER, EXTERIOR LIGHTING AND SECURITY CAMERAS, NEW WATER SOFTENER AND GAS HOT WATER HEATER, NEW MAILBOXES AND FRESHLY PAINTED PARKING LOT LINES. TURNKEY SIXPLEX IN DESIRABLE LOCATION OF PRESTON – LOCATED ACROSS THE STREET FROM GRAND VIEW PUBLIC SCHOOL. (id:42870)
Representative
Bess Assimacopoulos-Markou
Sales Representative
RE/MAX Twin City Realty Inc. Brokerage* - Waterloo
Cell: 519-588-1834
Tel: 519-885-0200
