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1912 Centennial Street Whitehorse, Yukon Y1A 3Z5

$1,100,000

5 Plex - Cash Flow Positive in Porter Creek on a huge .48 Acre or 105' x 200' lot. 1912 Centennial Street. Three, 1 bedroom units, One 3 bedroom, and one studio apartment. The rent is $82,200 = cap rate of 6.47%, but the rents have been increased to create a cap rate of 6.9% in July = $87,200 annual rent. Each tenant pays their own utilities. The building was originally built in 1968 but substantially renovated in 1990 to create the existing 5 plex. Many updates have been completed recently. The lot will technically accommodate further development one idea has Architectural plans showing the potential to build an additional 4 plex creating 9 rental units pending city permits, A video tour is available in the multi-media link. (id:36197)

Business

Business Type Other

Property Details

MLS® Number 13058
Property Type Other

Building

Constructed Date 1968

Land

Acreage No
Size Frontage 105 Ft
Size Irregular 0.48
Size Total 0.48 Ac
Size Total Text 0.48 Ac

https://www.realtor.ca/real-estate/22577703/1912-centennial-street-whitehorse

Interested?

Contact us for more information


Scott Sauer

(867) 333-1095
www.liveinwhitehorse.ca

RE/MAX Action Realty
400-4201 4th Ave
Whitehorse, Yukon Y1A 5A1

(867) 667-2514
(867) 667-7132
https://remaxyukon.com

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