27
$1,300,000 Sale
Listed 21 hours ago
11203 6 Street SW
· 0
· 0
· 4
· 2582.59
Key Facts
Key facts for 11203 6 Street SW
Property Type
Other
Parking
Off Street,See Remarks , Off Street,See Remarks 4 parking
MLS #
A2261330
Size
2582.59 sqft
Basement
-
Listed on
-
Lot size
-
Days on Market
-
Year Built
1973
Maintenance Fee
-
Description
The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82...,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.
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Courtesy of: Town Residential
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