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Excellent investment opportunity! Fully occupied! Viewing after mutual acceptance! Unit 1 2300/mo, Unit 2 1350, Unit 3 1600. Assumable loan with 100k down, OAC (25 year am, 6% interest, 3500/mo)! 2 of the 3 rents cover the mortgage! Live in one, rent the others out while building equity and living practically for free. Add instant equity, cash flowing property to your portfolio without a bank to do it! 8.86% cap rate. The spacious main-floor unit offers 1,633 sq ft with 3 bedrooms and 1 bath and is currently available. The middle floor features 1,491 sq ft with 3 bedrooms and 1 bath, while the top unit offers 1,042 sq ft with 2 bedrooms and 1 bath—both upper units have reliable long-term tenants in place. Unit 3 also boasts a balcony with a water view. A detached three-stall garage provides covered parking or storage for each tenant, plus additional off-street parking. A brand-new roof has just been installed, adding extra value and peace of mind. Ideally located near the downtown core, with easy access to schools, and shopping - and outside the flood plain!
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