13
$730,000 Sale
Listed 138 days ago
225 LOUISA STREET
· 11
· 6.0
· 4
· 3500 - 5000
Key Facts
Key facts for 225 LOUISA STREET
Property Type
Apartment
Parking
Garage: No, 4 parking
MLS #
X13192728
Size
3500 - 5000 sqft
Basement
Partially finished, Full (Partially finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currentl...y generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:10452)
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Listing courtesy of: RE/MAX AFFILIATES MARQUIS LTD.
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