180 Nipigon Street, Oshawa, ON L1J 4N5
- $1,350,000
- 11
- BD
- 6
- BA
- 3,500
- SqFt
- List Price
- $1,350,000
- MLS#
- E13829936
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 11
- Bathrooms
- 6
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Oshawa
- Area
- Durham
- Neighborhood
- McLaughlin
- Subdivision
- Adelaide Ave W & Gibbons St
Property Description
Exceptional Investment Opportunity in Oshawa! Fully occupied 6-unit brick multiplex offering an attractive combination of stable in-place income and significant future upside. The property features five spacious 2-bedroom units and one 1-bedroom unit, all fully self-contained, with designated parking and an on-site laundry facility.Tenants pay their own hydro and hot water, providing an efficient expense structure for investors. Rents offer substantial upside, creating an excellent opportunity to increase cash flow and enhance the property's income potential over time. Well maintained and located in a highly convenient Oshawa neighbourhood, this property is ideally positioned near Costco, Oshawa Centre, Ontario Tech University, golf courses, Highway 401, GO Transit, public transit, schools, shopping, and everyday amenities.A compelling opportunity to acquire a fully occupied, income-producing multiplex with built-in rental upside in a strong and convenient location. Ideal for investors looking to add a multi-residential asset with immediate occupancy and long-term income-growth potential to their portfolio.
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Additional Information
- Taxes
- $10,791
- Heat Type
- Radiant
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 6
- Exterior
- Brick
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 9
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Listing courtesy of Royal LePage Frank Real Estate.