11
$399,000 Sale
Listed 140 days ago
306 MARLBOROUGH STREET N
· 7
· 3.0
· 0
· 2000 - 2500
Key Facts
Key facts for 306 MARLBOROUGH STREET N
Property Type
Apartment
Parking
Garage: No, 0 parking
MLS #
X13169918
Size
2000 - 2500 sqft
Basement
Unfinished, Full (Unfinished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (...approximately $43,773.60 annually) from three occupied units. Unit 310 (3 Bed) will be vacant as of October 31ST. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:10452)
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Listing courtesy of: RE/MAX AFFILIATES MARQUIS LTD.
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