231 LOUISA STREET

Key facts

• Property type: Multi-family
• Structure: Other
• Transaction: For Sale
• Price: $749,900
• Bedrooms: 9
• Bathrooms: 5
• Lot size: 50 x 90 FT
• Parking: 3
• Listing key: 29809533

Listing overview

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing...