ON
Oshawa (Central)
L1H4B9
394 Centre S Street
394 Centre S Street, Oshawa (Central), ON L1H4B9
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Listing Type
Multi Family
Listing Status
Active
15
$1,019,000

Home Details for 394 Centre S Street

Price
$1,019,000
Type
Residential Income
Bedrooms
3
Total Bathrooms
6
Listing #
E12920964
Property Description

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five FullyTenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject ToApprovals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, WithOpportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning SupportLong-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With AreaAverages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal TurnkeyAddition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents.Showings By Appointment Only. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
Listing Courtesy: ROYAL HERITAGE REALTY LTD.
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EXIT REALTY MATRIX, BROKERAGE
785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
Nicolas Sigounis
License #: 6002787
Sales Representative
Office
613 443 4300
Agent
613 859 9331
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