$399,000

An outstanding opportunity to acquire a substantial 5-unit investment property offering established tenancy, separate utilities, off-street parking and five spacious, individually configured residences. Whether adding to an existing portfolio or expanding into a larger multi-unit investment, this property offers the combination investors look for income already in place, desirable tenant amenities and a building designed for long-term rental use. The individual units offer much more than basic apartment-style living. Each residence features its own kitchen, dedicated dining area, comfortable living room, private bath and bedroom accommodations, with layouts that provide impressive room sizes and functional living space. Four of the units feature private balconies, providing valuable outdoor space and an amenity that helps distinguish the property from many comparable multi-unit buildings. The floor plans reveal particularly generous living areas throughout, including living rooms measuring approximately 19 to nearly 24 feet in length, along with separate dining spaces rather than relying solely on small eat-in kitchens. Bedroom configurations vary by unit, creating a diversified mix of residences within the building. The expansive basement adds another important component to the property. Four dedicated laundry areas are shown along with a large central utility area, additional utility space and convenient access throughout the lower level. Separate utilities further enhance the property's investment appeal by helping reduce the owner's responsibility for ongoing utility consumption. Off-street parking adds another sought-after feature for tenants, while the property's existing occupancy allows a new owner to step into an established rental operation rather than starting from scratch. Five individual residences, separate utilities, private balconies for four units, dedicated laundry areas, off-street parking and established tenancy all come together in one investment property. This is an opportunity to acquire a true multi-unit asset with substantial existing infrastructure, generous apartment layouts and income already in place from day one.