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REMARKABLE WEST SIDE 27-UNIT RESIDENTIAL INVESTMENT IN QUIET RESIDENTIAL AREA. THIS BRICK BUILDING WAS FORMERLY A BAKERY AND TOTALLY GUTTED AND TRANSFORMED IN 1985 INTO 27 EASILY MANAGED RENTAL UNITS (17 ONE-BEDROOM AND 10 2-BEDROOM UNITS) FEATURING ALL SEPARATE NATURAL GAS HEAT, HOT WATER & ELECTRIC . NEW RUBBER ROOF & ALL NEW REPLACEMENT WINDOWS. LAUNDRY FACILITIES ON EACH FLOOR, PLENTY OF REAR PARKING, BASEMENT STORAGE/MAINTENANCE ROOM. 100% LEAD FREE AND CLEAN ENVIRONMENTAL REPORT ON FILE. GROSS $234,228 WITH ANNUAL NET OF $174,957. GROSS INCOME EASILY INCREASED TO $258,528.00 WITH MODERATE RENT INCREASES. PERFECT PORTFOLIO QUALITY INVESTMENT THAT ARE RARELY AVAILABLE YET ALWAYS IN DEMAND. FULLY LEASED & AWAITING NEW INVESTOR. PLEASE RUN ALL YOUR NUMBERS PRIOR TO SCHEDULING SHOWING !!

Listed by Pierre Peloquin of Pierre Peloquin Realty

Listing Sold by Century 21 North East

Property Details of 25 Laval Street

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