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Back to search Home Countries Canada 32 FRANKLIN STREET
$179,900

32 FRANKLIN STREET

Norman Wells, Northwest Territories, Canada
12 beds 6 baths Fourplex

About this home

MLS®: 6523 Type: Fourplex Bedrooms: 12 Bathrooms: 6 Lot Size: 7840

Brokerage: CENTURY 21 Prospect Realty Agent: Dwayne Simmons

This well-maintained income property offers an excellent investment opportunity in the heart of Norman Wells. The building consists of four separate 3-bedroom units, providing steady rental income. With one vacant unit, this property is ideal for an investor or a potential owner-occupant, as the vacancy allows for a reduced down payment requirement, lowering the typical 20% down payment threshold. Property Features: Fully Rented Revenue: When fully rented, the four 3-bedroom units generate approximately $5,000 in total monthly revenue, providing reliable cash flow. Vacancy Available: One unit is currently vacant, offering a buyer the option to move in while benefiting from rental income, or to lease the unit at market rates. Building Upgrades: Doors Replaced Double-Glazed PVC Windows Yard Improvements (29162756)

Property facts

Property type
Fourplex
Bedrooms
12
Bathrooms
6
Days on market
129 days

Location

Approximate location · exact address shared on inquiry

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Contact agent
DS
Dwayne Simmons
CENTURY 21 Prospect Realty
Contact this agent
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