Cash flow alert with a cap rate of over 7%! This tastefully updated and well-maintained multifamily property is one of a kind with a balanced blend of units. Three separate studio spaces are complimented by two 2bd/1bth units in the main house. Enjoy the stability of long term tenancy that is enhanced with the benefit of short term tenancy rates. Many nearby amenities including parks, schools, shops, restaurants, entertainment, events, bike paths, bus lines, and more, only serve to create further desirability with longterm dependability. Rest easy knowing how many deliberate and mindful property improvements have taken place over the years, from new roofs to new paint and more. With detailed financials and proof of process available, this property is ready for its next owner(s) to enjoy its fruits.
Listing courtesy of Altura Real Estate.
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