Chris Cipriani
12
$1,700,000 Sale
Listed 7 hours ago
139 GODFREY DRIVE
· 0
· 0.0
· 12
· 6000
Key Facts
Key facts for 139 GODFREY DRIVE
Property Type
Apartment, Multi-Family
Parking
Garage: No, 12 parking
MLS #
X12494896
Size
6000 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and... easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:10452)
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Listing courtesy of: THRIVE REALTY GROUP INC.
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