Description
Welcome to your new investment opportunity! This brand-new construction multi-family property features two residential units and one commercial space, offering an incredible chance to increase your portfolio with a high CAP rate.
Take advantage of the 10-year tax abatement that comes with this building, and enjoy the almost $70,000 yearly rent roll that it generates.
Each residential unit boasts 2 bedrooms, 2 bathrooms, and a fully-equipped kitchen with stainless steel appliances including a stove, fridge, microwave, dishwasher, and quartz countertops. The building is also fitted with a sprinkle system and intercom system for added safety and convenience.
The commercial space and basement are designed with an open layout and feature high ceilings, making it perfect for any business owner's needs.
Situated in a highly dense residential and commercial community, this property is in a prime location and is conveniently located near public transportation.
Don't miss out on this amazing investment opportunity. Come see it for yourself and make it yours today!
Location
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st June, 2023 10:13 PM (UTC)