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:11882)
| MLS® Number | 1365845 |
| Property Type | Multi-family |
| Neigbourhood | Winchester |
| Parking Space Total | 10 |
| Constructed Date | 1890 |
| Exterior Finish | Brick, Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Heat Pump, Radiant Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 209 Ft ,5 In |
| Size Frontage | 99 Ft ,8 In |
| Size Irregular | 99.66 Ft X 209.44 Ft (irregular Lot) |
| Size Total Text | 99.66 Ft X 209.44 Ft (irregular Lot) |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/26187972/540-st-lawrence-street-winchester-winchester
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
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:11882)
| MLS® Number | 1365845 |
| Property Type | Multi-family |
| Neigbourhood | Winchester |
| Parking Space Total | 10 |
| Constructed Date | 1890 |
| Exterior Finish | Brick, Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Heat Pump, Radiant Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 209 Ft ,5 In |
| Size Frontage | 99 Ft ,8 In |
| Size Irregular | 99.66 Ft X 209.44 Ft (irregular Lot) |
| Size Total Text | 99.66 Ft X 209.44 Ft (irregular Lot) |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/26187972/540-st-lawrence-street-winchester-winchester
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
