Home / Listings / 181 Elgin ST

Attention Investors! Welcome to 181 Elgin St. This affordable 6-plex is ideally located in the downtown core, close to numerous amenities and offering a solid investment opportunity. The building is in good operating condition and has seen many updates over the years. The property features 2 two bedroom units, 1 one-bedroom unit and 3 bachelor units, with separate electrical meters for each unit. The owner currently pays all utility expenses. The property also offers parking for approximately 8 vehicles. With an annual gross rental income of $65,769 and net income of approximately $44,000, this property is a great opportunity for investors looking to add a well-maintained multi-unit property to their portfolio. Make the call today and book your viewing! (id:67647)

Features

Heating

  • Forced air

Basement

  • Full

Foundation

  • Stone

Exterior

  • Vinyl
  • Siding

Parking

  • Gravel

Utilities

  • Natural Gas
  • Electricity
  • Cable
  • Telephone

Water

  • Municipal water

Sewer

  • Municipal sewage system

Community

  • Bus Route

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Presented by Bud Jones, REALTOR®, Century 21 Choice Realty Inc.