Informations sur la propriété

*****Exceptional 20-Unit Apartment Building in Prime Preston Location *****Assumable low cost Financing & Strong Upside **** Take advantage of a rare low-cost, assumable mortgage of $2,759,890 at a 4.00% interest rate with a 10-year term and 40-year amortization. This financing structure provides optimized cash flow and reduced financing costs, enhancing returns from day one. This well-maintained 20-unit apartment building offers an unbeatable investment opportunity; Featuring a desirable unit mix of 16 one-bedroom and 4 two-bedroom apartments, the property boasts bright and spacious suites. The building is set up for easy management with an abundance of on-site surface parking—more than enough for every unit—and strong curb appeal. Investors will appreciate the immediate upside potential: several units are currently vacant and ready to be leased at market rents, providing a clear and achievable path to increasing net operating income and significant lift in value. With strong rental demand in the area and limited multi-family supply, this property is ideally positioned for cash flow and long-term appreciation. Centrally located in the heart of Preston, residents enjoy walking access to local amenities including restaurants, retail shops, transit ( 100 feet from the property) , and city parks. Whether you're a seasoned investor looking to expand your portfolio or a strategic buyer seeking stable multifamily income with natural upside in value , this property delivers on all fronts. Don't miss your chance to acquire a rare, scalable asset in a proven rental location.

Inclusions: Other,Fridge X 20, Stove X 20, " As-Is, Where-Is "

Exclusions : Tenants Belongings & Tools In The Shop

Particularités du bâtiment :

Stationnement: Oui
Surface utile: 13600 Pieds carrés

Caractéristiques :

Caractéristiques de la buanderie: Monnayeur, Espace commun
Caractéristiques du lot: Propriété urbaine, Accès à l'autoroute, Hôpital, Grands espaces, Parc, Aire de jeux à proximité, Stationnement public, Centre commercial régional, Écoles
Caractéristiques du stationnement: Asphalte
Caractéristiques intérieures: Compteurs d'hydroélectricité séparés
Chambres : 24
Chauffage: Plinthes
Climatisation: Climatiseur(s) mural(muraux)
Échelle d'acres: < 0,5
Égouts: Égout (municipal)
Largeur du terrain en façade : 105.33 Pieds
Matériaux de construction: Parement de vinyle
Source d'eau: Municipal
Sous-sol: Partiel, Semi-fini
Stationnement de la voie d'accès: Extérieur/de surface/ouvert
Superficie habitable (approx): 13600 Pieds carrés
Toiture: Bardeaux d'asphalte
Zonage: M1
Nbre d'espaces de stationnement: 22