Shibu Varghese

RE/MAX Delta Realty Team

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  • 535-545 RUSSELL ROAD in Clarence-Rockland: Multi-family for sale : MLS®# X9519706

    535-545 RUSSELL ROAD Clarence-Rockland K0A 2A0
    Main Photo: 535-545 RUSSELL ROAD in Clarence-Rockland: Multi-family for sale : MLS®# X9519706

    535-545 RUSSELL ROAD Clarence-Rockland K0A 2A0

    $4,500,000
    Multi-family
    Status:
    Active
    MLS® Num:
    X9519706
    Solid investment opportunity for the savvy investor! Priced at 6.4 cap with present-day NOI (current appraisal on file). Room to grow top line revenue on turnover (14 of 20 units remain rented under market rates). Consists of 2 buildings each with 10 units (7 x 2-bedrooms and 3 x 1-bedrooms) for a total of 20 units. Individual units registered as condos (but not operated as such), which opens interesting options for future exit strategies for the experienced investor. All units are individually metered for both heat (natural gas), hydro and equipped with A/C units. Low maintenance units with ceramic and laminate flooring throughout. Interior storage units available for each unit and plenty of parking. Built in 2015. Meticulously managed property by owner operators with pride of ownership. (id:2493) More details
    Listed by RE/MAX DELTA REALTY TEAM and LENNARD COMMERCIAL REALTY
    LISTING DETAILS
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Data was last updated January 21, 2025 at 02:15 AM (UTC)
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