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12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available. Buyer to do own due diligence. (40324826)
Albert St and Princess St
Property Type
Multi-family
Building Type
Multi-Family
Annual Property Taxes
$10,843 (CAD)
Time on REALTOR.ca
3 days
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