394 CENTRE STREET S|Oshawa (Central), Ontario L1H4B9

MLS Number: E12398835

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 3 • Bathrooms: 6 • Building Type: Other • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

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. (41251351)

Agent Information: • Agents: CHAD HARMER; AMANDA DAVIS; SHIKHAR SETHI • Contact: 905-622-0821; 905-622-0821; 289-312-0300; 905-240-9200 • Brokerage: LAND & GATE REAL ESTATE INC.; LAND & GATE REAL ESTATE INC.; LAND & GATE REAL ESTATE INC. • Website: http://www.landandgate.ca/; http://www.landandgate.ca/; http://www.landandgate.ca/

Time on Realtor: 7 days ago