An excellent investment opportunity featuring two multifamily buildings located at 121 and 125 Powell Street. Each building offers five spacious units, approximately 1,080 sq. ft. per unit, with 2 bedrooms and 1.5 bathrooms. Each unit includes one parking stall and showcases one of two functional layouts, both available in the measurement supplements. Most of the 10 units are currently rented at $1,500 per month plus utilities (water included). This property offers strong rental income today with future potential for land development concept renderings are available in the photos. Lot size is 20,908 SQ FT (1,942 SQ Metres). Conveniently situated close to schools, shopping, and a variety of amenities, this is an ideal addition to any investment portfolio. (id:55577)
Property Features
- MLS® Number A2266239
- Price $1,849,999
- Square Footage: 538 sqft
- Property Type: Multi-Family
- Community Name: East End
- Parking Space Total 10
- Plan 3573ab
Buildings
| Constructed Date | 1979 | Construction Style Attachment | Attached |
| Size Interior | 538 Sqft | Total Finished Area | 538 Sqft |
| Type | Multi-family |
Land
| Acreage | No | Size Irregular | 1927.74 |
| Size Total | 1927.74 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) | Size Total Text | 1927.74 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | R-md |
Agents and Offices
- Lawrence Barnett
- Office: RE/MAX Landan Real Estate