Listed at a 6.6% Cap Rate on current income, 252-254 Crescent Street consists of 6 residential units in 4,517 square feet of living area with 4 1-Bedroom/1-Bathroom units and 2 2-Bedroom/1 Bathroom Units. All units have been renovated with new kitchens and bathrooms as well as updated flooring. There is ample, off-street parking for tenants of the property including 11 parking spaces. Recent capital improvements include renovated common areas as well a new electrical service to the property featuring 100amps for all units. There is an on-site laundry facility for tenants of the property as well. 252-254 Crescent Street offers the opportunity to acquire a turnkey investment in an exceptional, urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. 252-254 Crescent St can also be purchased with 240 Crescent St (MLS ID: 73176152)
Listing courtesy of Listing Agent: Dennis Kelleher from Listing Office: Horvath & Tremblay.
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