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Updated almost 8 years ago,
Legal Non Conforming 4 Plex 10.2% Cap Rate in Port Colborne, ON
Fully rented, cash flowing 4 plex with an additional apartment over garage. Cap rate is high due to tenants paying bills and little maintenance with many upgrades over the last 10 years that include almost all the windows, most flooring, several kitchens and bathrooms have been updated, and fully rented with great tenants.
Listed @ $289,900.Showings on Saturday's only between 1 and 4 pm to keep the tenants happy. Great schools in the area, great money maker. Give Dave a call at 905-341-7355 to get more details or a copy of the expenses. Property is listed on the MLS system and can be found here...http://homesniagara.com/property/17782065/358-FARE...
Offering