35-37 KAINS STREET

Key facts

• Property type: Multi-family
• Structure: Fourplex
• Transaction: For Sale
• Price: $429,900
• Bedrooms: 5
• Bathrooms: 4
• Lot size: 53.3 x 68.7 FT
• Parking: 2
• Listing key: 29730856

Listing overview

An exceptional opportunity to acquire a solid, income-producing legal fourplex offering both stability and upside potential. Three of the four units are occupied by long-term tenants, providing consistent rental income and low turnover. The remaining 2 bedroom unit has been newly updated and is currently vacant-ideal for an owner-occupant or the seller will guarantee market rent of approximately class="container" id="details-container",600 until the end of September while the new owner finds a tenant to occupy the unit. The property features four separate hydro metres, a brand new boiler installed in 2024, and is in a great central location close to schools, shopping, and all of your amenities. The potential yearly rental income with the property fully tenanted is just under $40,000 with an NOI of just under $30,00 and boasts a potential cap rate of 6.76%. Don't miss out on this excellent investment opportunity in the heart...