$849,900
727 10th Street, Brandon
MLS® Number: 202602566
Description
Seize a high-performing asset in a prime location with this versatile 9-unit residential complex (6+3 configuration) at 727-10th Street. Offered at $850,000, this property is a turnkey powerhouse for any portfolio, boasting a Gross Operating Revenue of $120,762 and a disciplined 3% vacancy allowance. The financials are compelling: with a Net Operating Income of $86,051, investors can realize a robust Return on Investment of up to 13.26%. The property features a diverse mix of units with monthly rents ranging from $780 to over $2,000, ensuring stable cash flow and risk mitigation . Recent municipal assessments value the total property at $799,400. Zoned CG and currently managed with an efficient expense ratio, this is a rare chance to acquire a high-yield property with established tenancy and significant equity positioning.Property Summary
Property Type
Retail Building for Sale
Community
Brandon
Neighbourhood
Central
Land
Frontage
75 ft.
Lot Depth
120 ft.
