TNE - Central Real Estate for Sale

Great opportunity for a fantastic investment. This is a five-unit building situated on a double lot with plenty of parking. Unit one is a three-bedroom, one-and-a-half-bath unit that includes a fridge, stove, washer, and dryer and is rented for $2,400 per month. Unit two is a one-bedroom, one-bath unit with a fridge and stove, rented for $1,200 per month. Unit three is a two-bedroom, one-bath unit with a fridge and stove, rented for $1,300 per month. Unit four is a two-bedroom, one-bath unit that comes with a fridge, stove, washer, and dryer and is rented for $1,350 per month. Unit five is a two-bedroom, one-bath unit that includes a fridge and stove and is rented for $1,250 per month. All units are occupied by non-smoking tenants with no pets. Mpac code 335, Hydro, $750 Monthly, Gas $500 Monthly, water and sewer 5725 per year

This 5-plex is in very good condition and features a unit mix of two 2-bedroom units, two 1-bedroom units, and one bachelor unit. Current monthly rents for the occupied units are $1,500, $950, $717.50, and $691.88. The basement 2-bed unit is currently vacant and requires renovations. Once renovated, it has the potential market rent of $1,500/month. This property offers a projected 10.09% Cap Rate. This return factors in the basement's potential income and accounts for an 8% property management fee, 5% vacancy allowance, and 5% for maintenance/repairs, alongside all annual taxes, insurance, and utilities.This property is being sold "as-is". Come and have a look!

Great Investment! This 3 unit building has excellent cash flow. Long term tenants. Roof re-shingled. Interior staircase. Full unfinished basement. Gas hot water heat. Large shed. Plenty of parking in front. Mostly fenced yard.

Great investment opportunity! This fully rented, 4 unit income property has 3 units in the main building and 1 in the back house. The main building is solid, has been fully modernized and is turn key. Great tenants and centrally located. Ask for more details!

Are you looking for a reliable income-producing property? This well-maintained triplex could be exactly what you're searching for. Featuring two spacious 2-bedroom units and one comfortable 1-bedroom apartment, this property offers steady rental income with all units currently tenanted. A great addition to any investor's portfolio! Property being sold "as is".