32 Franklin Street
Norman Wells
4 Plex with Great Revenue Numbers!
$179,900
This well-maintained income property offers an excellent investment opportunity in the heart of Norman Wells. The building consists of four separate 3-bedroom units, providing steady rental income. With one vacant unit, this property is ideal for an investor or a potential owner-occupant, as the vacancy allows for a reduced down payment requirement, lowering the typical 20% down payment threshold.
Property Features:
-
Fully Rented Revenue: When fully rented, the four 3-bedroom units generate approximately $5,000 in total monthly revenue, providing reliable cash flow.
-
Vacancy Available: One unit is currently vacant, offering a buyer the option to move in while benefiting from rental income, or to lease the unit at market rates.
-
Building Upgrades:
-
Doors Replaced
-
Double-Glazed PVC Windows
-
Yard Improvements
-
This property has a solid rental income. With recent updates to key elements of the building 32 Franklin St is an attractive option for any investor or a local buyer seeking an economical living arrangement in Norman Wells
Bedrooms: 12
Bathrooms: 6
Square Feet: 4,528
Lot Size: 7,840SqFt
Year Built: 1984
| MLS®: | 6523 |
| Heating: | Forced Air Furnaces |
| Year Built: | 1984 |
| Type: | House |
| Fuel Type: | Oil |
| Style: | 4-Plex |
| Bedrooms: | 12 |
| Square Feet: | 4,528 |
| Construction: | Stick Built |
| Bathrooms: | 6 |
| Lot Size: | 7,840SqFt |
| MLS®: | 6523 |
| Type: | House |
| Bedrooms: | 12 |
| Bathrooms: | 6 |
| Heating: | Forced Air Furnaces |
| Fuel Type: | Oil |
| Square Feet: | 4,528 |
| Lot Size: | 7,840SqFt |
| Year Built: | 1984 |
| Style: | 4-Plex |
| Construction: | Stick Built |
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Learn more or request a showing
32 Franklin Street
Norman Wells
$179,900
| MLS®: | 6523 |
| Bedrooms: | 12 |
| Heating: | Forced Air Furnaces |
| Square Feet: | 4,528 |
| Year Built: | 1984 |
| Construction: | Stick Built |
| Type: | House |
| Bathrooms: | 6 |
| Fuel Type: | Oil |
| Lot Size: | 7,840SqFt |
| Style: | 4-Plex |
Dwayne Simmons
Salesperson
867-445-8380
https:www.century21yk.ca
5124 48 Street
Yellowknife, NT X1A 1N6
Not intended to solicit properties currently listed for sale or buyers under contract.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and indentify the quality of services provided by real estate professionals who are members of CREA. Used under license. Independently Owned and Operated. ®/ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2016 Century 21 Canada Limited Partnership
About This Property
This well-maintained income property offers an excellent investment opportunity in the heart of Norman Wells. The building consists of four separate 3-bedroom units, providing steady rental income. With one vacant unit, this property is ideal for an investor or a potential owner-occupant, as the vacancy allows for a reduced down payment requirement, lowering the typical 20% down payment threshold.
Property Features:
-
Fully Rented Revenue: When fully rented, the four 3-bedroom units generate approximately $5,000 in total monthly revenue, providing reliable cash flow.
-
Vacancy Available: One unit is currently vacant, offering a buyer the option to move in while benefiting from rental income, or to lease the unit at market rates.
-
Building Upgrades:
-
Doors Replaced
-
Double-Glazed PVC Windows
-
Yard Improvements
-
This property has a solid rental income. With recent updates to key elements of the building 32 Franklin St is an attractive option for any investor or a local buyer seeking an economical living arrangement in Norman Wells
5124 48 Street
Yellowknife, NT X1A 1N6
Not intended to solicit properties currently listed for sale or buyers under contract.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and indentify the quality of services provided by real estate professionals who are members of CREA. Used under license. Independently Owned and Operated. ®/ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2016 Century 21 Canada Limited Partnership
Adrian Bell is the Designated Representative for the Agent, Century 21 Prospect Realty.
BRIXWORK Real Estate Marketing Inc. All rights reserved.
