Description

Introducing 668 Cooper Street, a fully turnkey fourplex that blends timeless character with thoughtful modern upgrades. With more than $120,000.00 invested in renovations and a strong tenant base, this property is a solid and appealing addition to any real estate portfolio. The building features three one-bedroom apartments and one expansive two-bedroom suite. The two-bedroom unit offers two bathrooms, a gas fireplace, access to basement storage, and a private patio and yard. Each one-bedroom unit has its own charm: one includes a bright glass-enclosed balcony and kitchen, another offers a welcoming foyer with garden views and excellent storage, while the loft-style unit boasts a skylight and private rooftop terrace. Important upgrades to the property include roof sections replaced within the last 11 years, updated wiring, a newer boiler, and a fire code retrofit completed in 2003. The property offers a Gross Operating Income (GOI) of $88,080 and a Net Operating Income (NOI) of $64,976, reflecting a cap rate of 5.4%.

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