19 Cayuga St N Haldimand, Ontario N0A 1E0
$1,090,000
Rarely Offered 6 Unit - High Cash Flowing Investment Opportunity In Cayuga's Thriving Downtown Core With Sought After Corner Location And Great Street Exposure. This Extremely Well-Maintained Building Offers 5 Residential Apartments Which Are All Fully Tenanted And Have Had Numerous Updates / Upgrades Throughout And A Commercial Storefront With High Ceilings, Large Windows, Hardwood Floors, & 2 Pc Bathroom Which Is Currently Vacant & Ideal For Business Owner To Move Into Or Lease It Out And Add To Overall Income (Approx. $1,800 Per Month). The Residential Units Are Comprised Of 3 - 2 Bedroom Units & 2 - 1 Bedroom Units. Upgrades Include Upgraded Roof - 2010, Mechanicals, Electrical, Some Windows, & More! Current Gross Income Of $76,260 Per Year. Current Net Operating Income Of $63,530 Offering A Current 6% Cap Rate With A Projected Cap Rate Of 8% ($85,130 Noi) Once You Lease The Commercial Storefront. Great Investment & Overall Cayuga Package! (id:47723)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X5756461 |
| Property Type | Multi-family |
| Community Name | Haldimand |
Building
| Size Interior | 3936 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 26 X 132 Ft |
| Size Total Text | 26 X 132 Ft |
https://www.realtor.ca/real-estate/24849770/19-cayuga-st-n-haldimand-haldimand
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September 08 2022 08:32:28
Toronto Real Estate Board
RE/MAX Escarpment Realty Inc.