This is exactly what your portfolio needs. Solid 6 unit building all separately metered (only one tenant has power included); long term tenants with lots of rental upside. Currently the rents range from $660-$1000. On July 1st all rent increases for 2024 will be in place and rents will be $660x1, $850x4, and $1000. This is a good mix of units with lots of space in each unit , some off street parking and it was totally rebuilt on the inside approximately 20 years ago. fully rewired with electric heat, new electric panels, windows bathrooms, kitchens, flooring and more. This is a low maintenance building with low turnover. The close proximity to uptown amenities and being on the bus route make this an attractive place to live in the city. With the storage space at the back, there is the potential to add a bachelor unit. Most units in the building have laundry in-suite which is a huge plus. The vendor prefers a closing date of June 24th or sooner and has priced the building for a quick closing. Currently listed at true 6.5% cap rate based on 2023 expenses and 2024 taxes. Buy now, you can thank me later! Ideal for financing with RBC now up to 80% LTV conventionally. (id:8860)