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$2.1M total
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
83%
PRICED TO SELL! Rare opportunity to acquire an updated 7-unit multiplex. Income-generating and move-in ready, with the exception of one unit, this exceptional property allows investors to hand select AAA tenants and begin earning immediately. Tastefully renovated while preserving the charm and character of this magnificent property. Prime downtown Burlington location, within walking distance to shopping, schools, parks, and entertainment. Make it yours! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$10K
Projected NOI
$66K
Annual cash flow
$-50K
Cash-on-cash
-7.98%
DSCR
0.57
Going-in cap
3.15%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
134,759
Households
50,255
Median income
$117,000
Median age
35.2
Daytime population
128,478
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2014 EDINBURGH DRIVE, Burlington (Brant).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.