LP.com

The property consists of one street level "Discount-Market", two one-bedroom one bath apartments and a single two-bedroom unit. The property is separately metered for gas & electricity and has individual hot water heaters for each unit. Current rents are well below market, offering fortuitous buyers approximately 136% upside in rental income. Carrying-out interior renovations and upgrading the exterior facade of the property offers returns rarely seen in current market conditions. Proforma Cap Rate of 10.76%!