
Courtesy of: TAYLOR GINGRAS, Salesperson, RE/MAX AFFILIATES MARQUIS LTD.
$764,900
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11 bed
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6.00 Bath
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Multi-family
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$764,900
225 LOUISA STREET Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81, 346.56 in gross annual rental income, with annual operating expenses of $21, 305, resulting in an estimated Net Operating Income of $60, 041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:203)