540 ST LAWRENCE STREET$1,250,000

#1365845

N/A bed

N/A bath

About the Property

Investment Opportunity: 6-plex in Winchester with a 7.7% cap rate. Prime location, short walk to the hospital. Mix includes 1 x 3-bed, 2 x 2-bed, and 3 x 1-bed units. Tenants cover expenses, excluding heat. Individually metered units. Efficient heating via a reliable boiler system. High rental demand ensures strong income. Well-maintained with upgrades like new windows (2016), communal hot water tank (2019), and recent additions such as main water pump for heat (2023) and eavestrough on the extension (2023). Safety features include fire-retardant basement (2016) and a fire monitor panel (2016). Apartments have all been renovated in last 5 years. Don't miss this opportunity to invest in a property with a solid income track record and strategic positioning. Act fast! (id:46641)

Read More

Listing Agent

Joey Van Benthem

Broker

(613) 807-2550

Powered by:

Realtor.ca

Property Details

City: Winchester

Neighbourhood: Winchester

Build Year: 1890

Property

Property Type

Multi-family

Ownership Type

Freehold

Land Depth

209 ft ,5 in

Building

Storeys

3

Exterior Finish

Brick, Siding

Heating Type

Heat Pump, Radiant heat

Foundation Type

Stone

Parking Space Total

10

Measurements

Additional Info

Listing Contract Date

2023-10-18

Zoning Description

Residential

Contact