1 117 Cromwell Ave #-6

For Sale 100 Days
$1,485,000
beds
baths

1 117 Cromwell Ave #-6

For Sale 100 Days
$1,485,000
beds
baths

Highlights

Key insights

Description

Turnkey 6-Plex in Prime Location. 6 Apartment Units with Below-Market Rents & Upside Potential An outstanding opportunity to acquire a fully turnkey 6-unit multi-plex offering below-market rents, strong fundamentals, and value-add potential. This all brick building features five (5) 2-bedroom, 1-bath units and one (1) 1 Bedroom , 1 bath additional Bachelor unit, all located in a highly desirable rental area just minutes from Highway 401, public transit, parks, and the Oshawa Centre. Whether you're an experienced investor looking to expand your portfolio or entering the multi residential space for the first time, this property checks all the boxes: recent upgrades, low-maintenance operations, stable tenant base, and attractive below-market rents that provide immediate room for income growth. The low vacancy rate and excellent location contribute to reliable long-term cash flow. An on-site coin-operated laundry room adds supplemental monthly income, and eight surface parking spaces increase overall tenant appeal. With updated units and minimal ongoing capital expense, this property offers an ideal blend of financial stability and growth opportunity. Vendor Take Back Mortgage may be available to the right buyer. (id:63267)

SAAD YEHIA of KELLER WILLIAMS ENERGY REAL ESTATE,
#E12178464
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Other
Exterior
  • # parking spaces
    8
Location
  • Subdivision
    Vanier
  • Directions
    1943579
Overview
  • Lot size (acres)
    0.0
  • Listing #
    E12178464
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28377618/1-6-117-cromwell-avenue-oshawa-vanier-vanier
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,960

/ Month
25 Years fixed, 20% down payment, % interest
$
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$
%
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