$499,000
Situated in desirable Port Edward, Evergreen Apartments sits on a flat 14,334 sq. ft. lot across from a ballpark and near the marina. The property includes eight one-bedroom units and a common laundry area, with individual hydro meters and baseboard heating in each suite. Currently cash-flowing and professionally managed, the building also offers ample fenced parking and storage at the rear. With upside potential for future improvements, this asset presents strong long-term value appreciation. Monthly rental income is $5,097.87. (id:5136)
Property Details
|
MLS® Number
|
C8075311 |
|
Property Type
|
Multi-family |
|
StorageType
|
Outside Storage |
Building
|
Amenities
|
Street Lighting |
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ConstructedDate
|
1969 |
Land
|
Acreage
|
No |
|
SizeIrregular
|
0.32 |
|
SizeTotal
|
0.32 Ac |
|
SizeTotalText
|
0.32 Ac |
Utilities
https://www.realtor.ca/real-estate/29270372/575-evergreen-drive-port-edward