Oshawa (central), ON L1H4B9,394 CENTRE STREET S
Oshawa (central), ON L1H4B9,394 CENTRE STREET S
Oshawa (central), ON L1H4B9,394 CENTRE STREET S
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Gail Reeves Reid

Gail Reeves Reid

EXP Realty Brokerage

+1(416) 540-8681
$1,049,990
Est. payment /mo
3 Beds
6 Baths
2,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $524

Subdivision Central

MLS® Listing ID E12398835

Bedrooms 3

Source Central Lakes Association of REALTORS®

Property Description

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments 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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer


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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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