4391 Jackson Street
Lincoln, L3J 0M8
FOR SALE
$1,699,000

➧
➧












Investment
CATEGORY135 x 102
LOT SIZEX13021150
MLSIDContact Us
Property Description
A clean 11-unit building selling at aprox. a 7.1% cap rate based on real numbers, not projections. 10x2 Bedroom, 1x3 Bedroom. Tenants pay Hydro. Boiler roughly 7 years old. Turn key with No heavy lifting, no major repositioning needed to enjoy current phenomenal cashflow but if you want to work the asset and force appreciation there is tremendous upside to market rents. Tenant profile is both diverse and stable, comprising working families, skilled trades professionals, retirees, and individuals transitioning from higher-cost urban markets. Solid construction, key systems addressed, clean environmental, and a strong unit mix. Expenses are well-controlled at a 37.1% income to expense ratio, with potential to further optimize expenses. A stabilized, income-producing asset delivering strong in-place cash flow, with defined pathways to further drive value through operational improvements. Tours will be conducted Sunday April 26th from 11am-1pm. This is not an open house attendance must be confirmed
Call
Property Details
Address
4391 Jackson Street
Community
City
Postal Code
L3J 0M8
Property Type
Investment, Investment
Use
Apartment
Zoning
RM1
Lot Size
135' x 102'
Taxes
$25,518 (2025
Heat Type
Gas Hot Water
Water
Municipal
Parking Spaces
11
Garage Type
Outside/Surface
Call
Listing contracted with Mysak Realty Inc.
Call