24 CAIT Avenue

24 CAIT Avenue

24 CAIT Avenue

For Sale

$1,200,000

Property ID:

 40719549

Bedrooms
5
Bathrooms
6
Garage
8
Year Built
1963

Description



Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4.4% CAP RATE! This multi-family property features six units, including five spacious 1-bedroom suites and one bachelor unit, offering strong tenant appeal and stable returns. The property provides eight dedicated parking spaces, on-site laundry, and individual storage lockers for tenant convenience. The tenants can enjoy a large, landscaped yard with a patio – ideal for outdoor relaxation and summer barbecues. Located just minutes from Fairview Park Mall, public transit including the ION LRT, and a full range of shops, restaurants, and amenities, this property is perfectly positioned for both tenant satisfaction and long-term value. (id:62834)

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30 Years Fixed, 3.5% Interest
  • Principal and Interest

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