Property

Ownership: For Sale
Type: Unknown
Rooms: 18
Bedrooms: 9 BR
Bathrooms: 9
Pets: Pets No

Financials

Price:C1,750,000
($1,277,692)
(€1,094,495)
Annual Taxes:C6,301
505 Park Ave, New York, NY 10022

Description

Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.

Amenities

  • Other

Turn Key 9 Unit Multiplex Prime Investment Opportunity !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.