2732 Gladstone Street

Description

Welcome to 2732 Gladstone, an excellent opportunity to own a fully updated, income- generating Fourplex in a desirable location. This owner-occupied building includes four units: one 3-bedroom, two 2-bedroom, and one 1-bedroom. All units have been updated with modern finishes, electric heat, and are separately metered, keeping things simple for management. Each unit also has its own heat pump and hot water tank. The building is fully leased to great tenants on fixed-term agreements, providing steady income from day one. At the rear of the property is a 24 x 24 heated garage on its own meter, offering additional income potential or flexible use. There is also plenty of on-site parking for all units. The property sits on an approximately 8,300 sq. ft. HR-1 zoned lot in a high-density area, offering not only a solid, turn-key investment but also strong future potential for redevelopment or expansion. With low expenses, minimal maintenance, and reliable tenants already in place, 2732 Gladstone is a strong addition to any portfolio. (id:56844)