This is a great investment property with pride of ownership showing. All of the heavy UPGRADE work has been done including a newer roof, hot water boiler, paint, concrete sidewalks, windows, unit kitchen and bath updates, and on and on... All of the tenants are top notch with strong tenancy agreements in place. The current owners use the Crime Free Multi-Housing applications for this property. This means no drugs or crime in this building! There is good cash flow along with a decent cap rate. There is even some extra income from the coin operated laundry in the basement. The lot is amazing with front AND back road access, and lots of parking. Since the property is over 200 feet long there is even potential for a subdivision of the back half. For an informed showing of this great investment property please call Greg at 250-503-3758 or visit www.gregkalyniuk.com for more pictures and video.
Hot water heat to all units via centralized boiler.
Newer torch on roof, windows, front concrete, paint - inside and out
There are 5 - two bedroom units, plus 1 - one bedroom unit for a total of 6 homes in this great building.
All of the units have been updated over the recent years and show very well
Natural gas fired hot water boiler feeding independently controlled unit thermostats
A very large .35 acre lot that may have subdivision potential
Listing information last updated on 9-Jun-2015 6:08 PM
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5603 27th Street
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