On behalf of the owners, we are pleased to present an Incredible investment opportunity to acquire a very well maintained 9plex purpose built rental property. This property has had 100% occupancy since opening its doors. There is a rental supply shortage in Delhi. This site and the growing community of Delhi offers a reasonable walk score of 53. Priceless zoning, income producing and fully rented with quality tenants. A rare turn key opportunity. Priced at a reasonable cap rate of 6% with very little maintenance required. Great income Solid building which was recently built in 1988. Low maintenance, great tenants, plenty of parking, detached 2 car garage, 9 units. 6 units are 2 bedroom, 1 is a one bedroom, 2 are 1 bedroom plus a den. Tenants pay all utilities including water heater rental. 8 units are about 800sqft each and the ground level one bedroom unit is about 1200 sqft and has a full basement. On site coin operated laundry. Buildings like this are very very rare. (id:2493)
5,000 sq. ft.464.515 m2
Paved driveway, Crushed stone driveway, Laundry- Coin operated
Major Business Type:
Water - Available
Window air conditioner
Brick, Metal, Vinyl siding
Fire alarm system, Smoke Detectors
under 1/2 acre
Total Parking Spaces:
Detached garage, Gravel
Listed by Martin Sarkissian
and Laura Taksas
of Sutton Team Realty Inc.
Listing information last updated on February 20, 2019 at 02:48 AM (UTC)
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