535 545 Russell Road, Clarence Creek
- Type: Townhouse
- Added: 60 days ago
- Updated: 59 days ago
- Last Checked: 15 hours ago
Solid investment opportunity for the savvy investor! Priced at 6.4 cap with present-day NOI (current appraisal on file). Room to grow top line revenue on turnover (14 of 20 units remain rented under market rates). Consists of 2 buildings each with 10 units (7 x 2-bedrooms and 3 x 1-bedrooms) for a total of 20 units. Individual units registered as condos (but not operated as such), which opens interesting options for future exit strategies for the experienced investor. All units are individually metered for both heat (natural gas), hydro and equipped with A/C units. Low maintenance units with ceramic and laminate flooring throughout. Interior storage units available for each unit and plenty of parking. Built in 2015. Meticulously managed property by owner operators with pride of ownership. (id:1945)
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More Details and Features
Property DetailsKey information about 535 545 Russell Road
- Cooling: Central air conditioning
- Heating: Hot water radiator heat, Forced air, Natural gas, Other
- Stories: 3
- Year Built: 2015
- Exterior Features: Stone, Vinyl
- Foundation Details: Poured Concrete
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 535 545 Russell Road
- Water Source: Municipal water
- Parking Total: 40
- Lot Size Dimensions: 255.63 ft X 254.84 ft
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Condo/Strata
Property Management & AssociationFind out management and association details
- Association Name: Self Managed -
Utilities & SystemsReview utilities and system installations
- Sewer: Septic System
Tax & Legal InformationGet tax and legal details applicable to 535 545 Russell Road
- Tax Year: 2023
- Parcel Number: 697680001
- Tax Annual Amount: 42675
- Zoning Description: RV2-10
Additional FeaturesExplore extra features and benefits
- Number Of Units Total: 20
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Days on Market
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Additional Information about 535 545 Russell Road