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Investment Highlights
- Fourplex with two separate buildings
- Washer & dryer hookups in every unit
- 2 bed / 2 bath units in all four residences
- Tenant's pay all utilities
Executive Summary
Turnkey Fourplex Investment in Prime North Central Location
Don’t miss this outstanding investment opportunity in a highly desirable North Central location within the acclaimed NEISD school district. This well-maintained fourplex features two separate buildings on a very large lot, offering excellent layout, privacy, and long-term tenant appeal.
Each of the four spacious units offers 2 bedrooms and 2 bathrooms with an open floor plan designed for comfortable living. Every unit includes its own washer and dryer hookups, providing added convenience for tenants and increasing rental demand.
The property is structured for strong investment performance: tenants pay all their own utilities, helping minimize operating expenses. Each unit also includes two dedicated parking spaces, ensuring ample parking for residents and guests.
This fully turnkey property is ideal for investors seeking immediate income potential in a stable, high-demand rental area. With its generous lot size, attractive unit layouts, and excellent location, this property presents a rare opportunity to add a solid performing asset to your portfolio.
Don’t miss this outstanding investment opportunity in a highly desirable North Central location within the acclaimed NEISD school district. This well-maintained fourplex features two separate buildings on a very large lot, offering excellent layout, privacy, and long-term tenant appeal.
Each of the four spacious units offers 2 bedrooms and 2 bathrooms with an open floor plan designed for comfortable living. Every unit includes its own washer and dryer hookups, providing added convenience for tenants and increasing rental demand.
The property is structured for strong investment performance: tenants pay all their own utilities, helping minimize operating expenses. Each unit also includes two dedicated parking spaces, ensuring ample parking for residents and guests.
This fully turnkey property is ideal for investors seeking immediate income potential in a stable, high-demand rental area. With its generous lot size, attractive unit layouts, and excellent location, this property presents a rare opportunity to add a solid performing asset to your portfolio.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$69,520
|
$19.46
|
| Other Income |
$658
|
$0.18
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$70,179
|
$19.65
|
| Taxes |
$13,990
|
$3.92
|
| Operating Expenses |
$14,144
|
$3.96
|
| Total Expenses |
$28,134
|
$7.88
|
| Net Operating Income |
$42,045
|
$11.77
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $69,520 |
| Annual Per SF | $19.46 |
| Other Income (CAD) | |
|---|---|
| Annual | $658 |
| Annual Per SF | $0.18 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $70,179 |
| Annual Per SF | $19.65 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,990 |
| Annual Per SF | $3.92 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $14,144 |
| Annual Per SF | $3.96 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,134 |
| Annual Per SF | $7.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $42,045 |
| Annual Per SF | $11.77 |
Property Facts
| Price | $651,249 CAD | Building Class | C |
| Price Per Unit | $162,812 CAD | Lot Size | 0.41 AC |
| Sale Type | Investment | Building Size | 3,572 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2009 |
| Apartment Style | Garden | Parking Ratio | 3.08/1,000 SF |
| Zoning | MF-33 | ||
| Price | $651,249 CAD |
| Price Per Unit | $162,812 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 3,572 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2009 |
| Parking Ratio | 3.08/1,000 SF |
| Zoning | MF-33 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Carpet
- Dining Room
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $1,508 CAD | 893 |
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Property Taxes
| Parcel Number | 11723-007-0150 | Total Assessment | $616,973 CAD |
| Land Assessment | $159,631 CAD | Annual Taxes | $13,990 CAD ($3.92 CAD/SF) |
| Improvements Assessment | $457,341 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
11723-007-0150
Land Assessment
$159,631 CAD
Improvements Assessment
$457,341 CAD
Total Assessment
$616,973 CAD
Annual Taxes
$13,990 CAD ($3.92 CAD/SF)
Tax Year
2025
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10911 Baltic St
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