29 Desjardins Street Garson, Ontario P3L 1N8
$1,450,000
Welcome to an exceptional investment opportunity located at 29 Desjardins St in Garson. This immaculate and well-maintained nine-plex building offers a lucrative chance to expand your portfolio and secure steady rental income with an impressive 7% cap rate. The building boasts a solid rental history and is partially occupied allowing you to set your own rents for increased cash flow. There are six one-bedroom units, two two-bedroom units and one three-bedroom unit all of which are well laid out, updated and large. With a good location near Falconbridge Rd, the Airport, Golf Course, Public Transit, and Shopping, these units are highly desirable for tenants seeking convenience and accessibility. Other features include coin laundry facilities, ample parking with plug ins for each unit and individual unit temperature control.Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a promising venture, this nine Plex building offers endless possibilities for financial growth and success. Don’t miss out on this rare opportunity! (id:47351)
Property Details
| MLS® Number | 2115645 |
| Property Type | Multi-family |
| RoadType | Paved Road |
Building
| BasementType | Full |
| CoolingType | None |
| FoundationType | Concrete |
| HeatingType | Boiler |
| UtilityWater | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeTotalText | 7,251 - 10,889 Sqft |
| ZoningDescription | R3.d60 |
https://www.realtor.ca/real-estate/26667429/29-desjardins-street-garson
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July 23 2024 01:46:15
Sudbury Real Estate Board
Sutton-Benchmark Realty Inc., Brokerage