A rare opportunity in Stapleton's prime location near Bay Street: 69-71-(73) 75 Thompson Street. Three buildings are being sold as a package, offering a total of 21 units: 13 apartments, #69 1 bed 1 bath each, and #71 #75 2 beds 1bath each; 4 offices, 4 garages. heater, boiler separated,… Read More tenants pay utilities they own. Annual gross income: 356,440, Annual expenses: 75,024.66, Net operating income: 281,415. Current return 9 + with additional upside. Significant development potential due to updated air rights (especially at 73 Thompson), 69 & 71 Thompson benefit from ongoing tax abatements, Strong rental income with upside from leasing vacant space, Prime, high-demand location with long-term growth potential. The seller is motivated and open to all serious offers. Don't miss the chance to own this exceptional investment property. Read Less
Courtesy of Realty First Residential.
Listing Snapshot
Days Online
63
Last Updated
Property Type
Single Family
Square Ft.
14,816
Lot Size
0.19 Acres
Year Built
2001
MLS Number
2505466
30 Days Snapshot Of 10304
$806k
+2%
(avg) sold price
6
-53%
homes sold
163
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2001, Building area total: 14,816, Leasable area: 0, 3 buildings, 3 total stories, Construction materials: "Other"
Cooling
"Units"
Heating
"Forced Air", "Natural Gas"
Lot
0.19 acres, 8,300 square feet, Area: 8,300
Parking
4 total parkings
Property
Zoning: C4-2
Sewer
"City"
Taxes
Tax annual amount: $26,477
Utilities
Electric: "110"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
