4
$1,749,500 Sale
Listed 115 days ago
850 Main Road
· 0
· 0.0
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· 14394
Key Facts
Key facts for 850 Main Road
Property Type
Apartment
Parking
Garage: No, 0 parking
MLS #
1299239
Size
14394 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
2016
Maintenance Fee
-
Description
Exceptional opportunity to acquire a well-maintained 13-unit residential complex offering immediate income and long-term investment potential. The property consists of 9 spacious two-bedroom townhouses, 3 one-bedroom condo-style apartments, and 1 detached two-bedroom home with an attached garage, pr...oviding a diverse rental mix attractive to a wide range of tenants. Each townhouse, approximately 1,400 sq. ft., features a bright and functional layout with a welcoming living room, eat-in kitchen, and convenient powder room on the main level, while the upper floor includes two generously sized bedrooms and a full bathroom. The condo-style apartments, approximately 595 sq. ft., offer comfortable one-bedroom living with an open living area, kitchen, and full bathroom. Completing the complex is a detached two-bedroom home with attached garage, ideal as an on-site property manager's residence or an additional rental unit. All units are currently leased, generating approximately $15,000 per month in gross rental income, making this a turnkey investment opportunity. The property also offers ample parking for tenants and guests, an on-site greenhouse, and beautiful ocean views from msot units. Whether you're looking to expand your portfolio or secure a high-performing multi-unit asset, this property delivers excellent income, strong occupancy, and future potential. Immediate possession available. Don't miss this rare opportunity! *Any applicable HST will be the sole responsibility of the purchaser. (id:10452)
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Listing courtesy of: RE/MAX Infinity Realty Inc. - Sheraton Hotel
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