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156 HAIG Street in Warfield: Multi-family for sale : MLS®# 2434554
156 HAIG Street Warfield V1R2L9 :
Investors take a look! 9 units, 100% occupancy, positive cash flow and over 9% cap rate for under $400k? Turn-key apartment with positive cash flow ready and waiting for you. Enjoy a piece of local history; this is the former Astoria Hotel and Ferreros Foods. Some vintage pieces that are still showing add a nostalgic flair to the place. More importantly it is l 00% occupied yet has room for more income as the region has very low vacancy rates and a great economic outlook. Many upgrades over the past few years like roof, skylights, some windows, boilers and much more. If that wasn't enough, with the right proposal there may be the opportunity to subdivide and add another building to enhance your portfolio. It works as a great buy & hold property as is or take it further and cash in. Don't let this small town fool you, this area is bustling with business and growth potential. There's an informational package, through your REALTOR®, available upon request. (id:2493)
Data was last updated March 22, 2019 at 09:45 PM (UTC)