167-173 Gore Street

About This Property

A prime investment opportunity, this well-maintained building offers close to 9,000 sq. ft. of rentable space. The main floor, currently vacant and zoned commercial, awaits your vision. The second floor features 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat and electric. With a current monthly income of $10,620, the property is occupied by quality tenants, fostering a safe and secure community. Recently rebuilt with engineering and city permits, encapsulating masonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building also features separate meters and minimal maintenance. This property offers security in a highly attractive cap rate alongside robust cash flow. Priced to sell.