Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau and 180 Nassau are registered separately but seller would like them to be purchased together, which offers a great opportunity to a diligent investor. See 176 Nassau: MLS #E12117389. Properties are in a great area, close to 401, public transit, parks, shopping and more!
Address
180 Nassau Street
List Price
$1,050,000
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Area
Oshawa
Sub-Area
Vanier
County
Durham
Bedrooms
8
Bathrooms
6
Floor Area
2500 - 3000 Sq. Ft.
Lot Depth
100.16
Lot Size Units
Feet
Lot Width
54.58
MLS® Number
E12117678
Listing Brokerage
DAN PLOWMAN TEAM REALTY INC.
Basement Area
Finished
Postal Code
L1J 4A5
Parking
Private
Parking Places (Total)
4
Tax Amount
$8,164.00
Tax Year
2024
Interior Features
Water Heater
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Brick
Direction Faces
West
Foundation Details
Poured Concrete
Garage Type
None
Kitchens Total
4
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer