180 Nipigon Street
McLaughlin, Oshawa, L1J 4N5
FOR SALE
$1,350,000
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9
BEDROOMS 6
BATHROOMS 6
KITCHENS 34
ROOMS E13829936
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Property Description
Exceptional Investment Opportunity in Oshawa! Fully occupied 6-unit brick multiplex offering an attractive combination of stable in-place income and significant future upside. The property features five spacious 2-bedroom units and one 1-bedroom unit, all fully self-contained, with designated parking and an on-site laundry facility.Tenants pay their own hydro and hot water, providing an efficient expense structure for investors. Rents offer substantial upside, creating an excellent opportunity to increase cash flow and enhance the property's income potential over time. Well maintained and located in a highly convenient Oshawa neighbourhood, this property is ideally positioned near Costco, Oshawa Centre, Ontario Tech University, golf courses, Highway 401, GO Transit, public transit, schools, shopping, and everyday amenities.A compelling opportunity to acquire a fully occupied, income-producing multiplex with built-in rental upside in a strong and convenient location. Ideal for investors looking to add a multi-residential asset with immediate occupancy and long-term income-growth potential to their portfolio.
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Property Features
None
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Property Details
Address
180 Nipigon Street
Community
City
Postal Code
L1J 4N5
Property Type
Multiplex, Multiplex
Lot Size
71' x 106'
Taxes
$10,791 (2026
Basement
Apartment
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
9
Garage Type
None
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Listing contracted with Royal Lepage Frank Real Estate
Welcome to 393 King St, Oshawa! This incredible multiplex with 5 units presents an unbeatable investment opportunity in a prime location. Each unit features separate meters, allowing tenants to pay for their own hydro consumption, reducing your overhead costs. This setup offers a hassle-free management experience while maximizing your potential returns The property boasts a spacious driveway with conveniently labeled parking spots, ensuring ample parking for both tenants and visitors. This feature adds a significant advantage, enhancing the overall convenience and desirability of the property.Investors looking to capitalize on the thriving Oshawa real estate market will find this multiplex to be an exceptional opportunity. Don't miss out on this remarkable investment opportunity at 393 King St!
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