394 Centre Street S, Oshawa, ON, L1H 4B9

CAD 1,019,000
For Sale MLS: E12920964

Property Details

Bedrooms

3

Bathrooms

6

Property Type

Multiplex

Description

Property Details: - Type: Multiplex - Bedrooms: 3 - Bathrooms: 6 - MLS#: E12920964 Listed By: ROYAL HERITAGE REALTY LTD.

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five FullyTenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject ToApprovals). 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, WithOpportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning SupportLong-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With AreaAverages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal TurnkeyAddition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents.Showings By Appointment Only. This multiplex home located at 394 Centre Street S, Oshawa is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $1,019,000 with an estimated mortgage of $3,751* per month. It has 3 beds, 6 bathrooms, and is 2000-2500 square feet. 394 Centre Street S, Oshawa is in the Central neighborhood Oshawa. O'Neill, Donevan and Lakeview are nearby neighborhoods.

Location

Address

394 Centre Street S, Oshawa, ON, L1H 4B9

City

Oshawa

Features and Finishes

None

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