34 Woodbridge 36 Street

About Property

Rare 4-unit investment property with updated systems, mechanicals and strong income potential! This fully updated 4-unit property offers excellent flexibility, strong cash flow, and peace of mind with major capital improvements already done. Each unit features 2-4 bedrooms, remodeled kitchens and baths, private basement storage, and individual washer/dryer hookups. All major systems have been replaced, including electrical, plumbing, sewer pipes, gas boilers, and water heaters. Full lead abatement completed. All units are separately metered and currently rented month-to-month, generating $61,800 in annual income with upside potential - pro forma cap rate approaches 12%. Additional highlights include a new 3-story rear stairwell with fiberglass railings, ample off-street parking, and separate water shut-offs for each unit, and boilers have generator back-up. Move-in ready and low maintenance, this property is perfect for house hackers or portfolio-minded investors seeking long-term value. All the big ticket items are done for you. Incredible opportunity act now!
Listed by Century 21 AllPoints Realty, Elaine AbouAkar. Data sourced from SmartMLS