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394 Centre St S, Oshawa, ON

Name: 394 Centre St S, For Sale in Oshawa - eXp Realty
Brand: Royal Heritage Realty Ltd
SKU: E13493858
Price: 949900 CAD

House

For Sale

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364

MLS® E13493858

Property Details
Map

Description

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Six plex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units 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, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages .Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only.Show Description

Key Facts

Type Multi Family

Levels Residential

Size -

Garage None

Taxes $5,076

Days Active 73

Lot Size 4325.5

MLS® Number E13493858

Central VacNo

FireplaceNo

GarageNone

BasementFull, Unfinished

DrivewayGarage Type:None

HeatGas, Forced Air

A/CWindow Unit(s)

Additional Information

Zoning R3-A/R5-B/R7-A

Roofing Shingle

Siding Brick

Sewage System Public Sewer

Landscaping Cul de Sac/Dead End

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