
Courtesy of: TAYLOR GINGRAS, Salesperson, RE/MAX AFFILIATES MARQUIS LTD.
$434,900
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7 bed
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3.00 Bath
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Multi-family
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$434,900
306 MARLBOROUGH STREET N Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3, 647.80 per month in rental income (approximately $43, 773.60 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34, 354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:203)