Swipe photos or tap to open fullscreen gallery.
For Sale
$949,900
MLS® E13493858
394 CENTRE STREET S
Oshawa (Central), Ontario, L1H4B9
- Beds / Baths
- 3 bed · 6 bath
- Property type
- Multi-family
- Building
- Multi-family
- Lot size
- 52.8 x 82 FT
- Parking
- 4
Property facts
- Beds / Baths
- 3 bed · 6 bath
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Lot size
- 52.8 x 82 FT
- Parking
- 4
About this property
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Six plex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages .Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only. (id:53361)