45 Fairbanks Street, Central

Description

This 3-unit property offers strong cash flow and appreciation potential in a high-demand location near Highway 401, the GO Station, Durham Transit, shopping, and schools. Currently generating $6,000/month in turnkey rental income, this property is ideal for investors or savvy buyers looking to live in one unit and rent out the others.Featuring 8 bedrooms, 4 bathrooms, and 3 self-contained units, each with its own legal kitchen and separate entrance, this home provides maximum flexibility and privacy for tenants. The property is equipped with 3 separate hydro meters, with shared water and gas utilities for simplified management. Main Unit: 4 Bedrooms | 2 Bathrooms, Basement Unit: 3 Bedrooms | 1 Bathroom, Upper Unit: 1 Bedroom | 1 Bathroom. Set on a spacious corner lot with 11 parking spaces, this property stands out as a rare find for multi-unit investors in Durham. Whether you are expanding your portfolio or seeking a property that pays for itself, this is an opportunity you don't want to miss!