Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only. (id:53156)
| MLS® Number | E12398835 |
| Property Type | Multi-family |
| Community Name | Central |
| Amenities Near By | Public Transit |
| Community Features | School Bus |
| Features | Cul-de-sac |
| Parking Space Total | 4 |
| Bathroom Total | 6 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 100+ Years |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 82 Ft |
| Size Frontage | 52 Ft ,9 In |
| Size Irregular | 52.8 X 82 Ft |
| Size Total Text | 52.8 X 82 Ft |
| Zoning Description | R3-a/r5-b/r7-a |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28852516/394-centre-street-s-oshawa-central-central
Chad Harmer
Salesperson
(905) 240-9200
(905) 419-3302
www.landandgate.ca/
Amanda Davis
Salesperson
(905) 240-9200
(905) 419-3302
www.landandgate.ca/
Shikhar Sethi
Salesperson
(905) 240-9200
(905) 419-3302
www.landandgate.ca/
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Sales Representative
Royal LePage Edmonds & Associates
P: 613.401.4267
