A rare opportunity for investors seeking a high-quality, cash-flowing asset in a prime location. This purpose-built six-unit apartment building is constructed with solid concrete floors and exterior walls, with each suite functioning as its own fire-rated compartment-delivering exceptional durability, safety, sound attenuation, and long-term value. Ideally located directly across from Elgin Mall, the property offers tenants outstanding convenience with shopping, public transit, and everyday amenities just steps away, supporting strong and consistent rental demand. Each updated unit features a modern, durable finish package including stainless steel appliances, tiled flooring throughout, porcelain-tiled kitchens, plank porcelain bathroom tile, and all-wood trim and doors that provide a warm, contemporary feel while minimizing maintenance. The building is designed for efficient ownership, offering on-site coin-operated laundry in the lower level for additional income, individual water heaters in each unit, and separate hydro meters-allowing for simplified management and greater control over operating costs. Whether you are expanding an established portfolio or acquiring a stable, low-maintenance investment, this well-built and well-located apartment building represents an excellent long-term opportunity.
THTS 6-UNIT APARTMENT IS A RARE FIND. PURPOSE BUILT WITH CONCRETE FLOORS AND EXTERIOR WALLS, EVERY UNIT IS A COMPLETE FIREBOX. LOCATED DIRECTLY ACROSS FROM THE ELGIN MALL. UPDATED UNITS HAVE STAINLESS STELL APPLICANCES, LAMINA TE FLOORING THROUGHOUT, PLANK PORELAIN TILING IN THE BATH AND PORCELAIN TILING IN THE KITCHENS. ALL WOOD TRIM AND DOORS. COIN-OPERATED LAUNDRY CONVENIENTLY LOCATED ON THE LOWER LEVEL. EACH UNIT HAS ITS OWN WATER HEATER AND IS SEPARATELY METERED FOR HYDRO
As the MLS and public records start to fill up, we'll list the details here.