360 FRIEL STREET S

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $5,199,900
• Bathrooms: 16
• Interior size: 8,636 sqft
• Lot size: 8635.89
• Listing key: 29361999

Listing overview

Welcome to 360 Friel Street an exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of 9 fully renovated and refurbished units, 7 newly constructed additional units (recently completed). Unit Breakdown: 1 Three-Bedroom Unit, 3 Two-Bedroom Units, 2 One-Bedroom Units, 10 Studio Units. All units are fully furnished and separately metered, offering operational efficiency, reduced utility risk, and strong tenant appeal. The seller is willing to lease all units, providing investors with a stabilized, income-producing asset from day one. Income Overview Projected Residential Rental Income: $402,420.00, Parking Income: class="container" id="details-container",800.00, Laundry Income: $3,780.00, Total Projected Gross Income:$408,000.00, Annually Projected 2026 Operating Expenses Vacancy (2%) - $8,084.00, Property Taxes (5.42%) - $21,484.00, Utilities (5.82%) - $23,064.00 (Heat...