1050 ASSUMPTION - $1,199,500.00

Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located near downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 6.15% cap rate, Excellent cash-flow with 5-year return at $66,592! (higher return potential with self-management) . All units separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7 refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set - coin op). Contact Listing sales rep for your private viewing and financials today! (id:4555)