Description
Incredible turn-key investment opportunity in downtown Brighton with high-quality tenants and a 6% cap rate! Significant investments by the current owner have turned a beautiful and charming building into arguably the nicest in the downtown core, increasing potential profit with its appeal and making the units much easier to lease. The building comes with a spacious commercial storefront that is occupied by a high-paying tenant with a long-term lease in place. The second and third floors include four meticulously kept apartment units, two units with one bedroom and one bathroom and two featuring two bedrooms, one bathroom, and ensuite laundry, a massive draw for tenants. Ideally located in the centre of downtown with amenities at your doorstep, it has five parking spots and easy access to the 401. If you have been looking to get into a ready-made investment property with high returns and no upfront maintenance required, this is the opportunity you have been waiting for!
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0BEDS
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< 0.5ACRES
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0BATHS
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01/2 BATHS
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4,140SQFT
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$302$/SQFT
Description
Incredible turn-key investment opportunity in downtown Brighton with high-quality tenants and a 6% cap rate! Significant investments by the current owner have turned a beautiful and charming building into arguably the nicest in the downtown core, increasing potential profit with its appeal and making the units much easier to lease. The building comes with a spacious commercial storefront that is occupied by a high-paying tenant with a long-term lease in place. The second and third floors include four meticulously kept apartment units, two units with one bedroom and one bathroom and two featuring two bedrooms, one bathroom, and ensuite laundry, a massive draw for tenants. Ideally located in the centre of downtown with amenities at your doorstep, it has five parking spots and easy access to the 401. If you have been looking to get into a ready-made investment property with high returns and no upfront maintenance required, this is the opportunity you have been waiting for!