Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 320 Gleeson Ave
Property Type
Apartment, Other
Parking
Detached 2 garage, 11 parking
MLS #
X6630382
Size
5000+ sqft
Basement
Finished
Listed on
2023-06-30
Lot size
113 x 105.92
Tax
$16,740 /yr
Days on Market
834
Approximate Age
-
Maintenance Fee
-
Description
9-Unit Apartment Building, Spacious Units (approx 1000 sqft) in a nice area of the city. Lots of parking available and extra income from coin operated laundry. Total of 8-two bedroom units plus 1-one bedroom unit. Brand New Roof installed 2023, Grossing just over ~$100k in revenue. Selling at a mark...et special Cap Rate of over 5%. Potential to generate higher NOI with some units way below market rent levels. Investors must consider as lots of potential to increase its value. Tenants of units 1-8 pay their own Hydro.
