Description
5-Plex for Sale! This uniquely designed Apartment building is situated on a corner lot, at 501 Fifth St W and 48 Gulf St, and features a large, 2 storey 3 bedroom unit, two 2-bedroom units, and two 1-bedroom units. With a Cap Rate of 7%, this is a great investment to round out your portfolio. There have been major upgrades to the building, only 3 years old, with a new roof in 2022 and new engineered stairs with steel/concrete footings done in 2024.
Location Description
Fifth St and Gulf St
Property Details
- Community: 717 - Cornwall
- Property Type: Tenant/Commercial
- Garages: None
- Annual Property Taxes : $ 2171
Building Features
- Parking Type : None
Features
- Heating : Baseboard
Listing Contracted With: RE/MAX AFFILIATES MARQUIS LTD.
