An excellent investment opportunity featuring two multifamily buildings located at 121 and 125 Powell Street. Each building offers five spacious units, approximately 1,080 sq. ft. per unit, with 2 bedrooms and 1.5 bathrooms. Each unit includes one parking stall and showcases one of two functional layouts, both available in the measurement supplements. 9 of the units are currently rented at $1,500 per month plus utilities (water included). This property offers strong rental income today with future potential for land development concept renderings are available in the photos. Lot size is 20,908 SQ FT (1,942 SQ Metres). Conveniently situated close to schools, shopping, and a variety of amenities, this is an ideal addition to any investment portfolio.
Listing Brokerage: RE/MAX Landan Real Estate