Property Description

Triplex + 2 Garages and Storage unit rented | Fully Occupied | Strong Cash Flow Welcome to 1449 Powell St, an income‑producing triplex offering multiple revenue streams, stable tenancy, and low ongoing maintenance. This property is fully occupied and delivers immediate cash flow, making it ideal for investors, 1031 buyers, and owner‑occupants seeking rental income. This building features three fully leased residential units two 1 bedroom units and one 2 bedroom unit, each with reliable long‑term tenants and documented payment history. In addition to the residential units, the property includes two rented garage bays and one additional storage unit within the garage structure — all currently generating income. The basement also contains multiple storage bins, which the landlord can rent individually for additional revenue. These ancillary income opportunities significantly enhance the property’s cash flow and cap rate performance. Garage and Storage units rents are as follows: Garage 1 $295, Garage 2 $275, Workshop/Storage unit $150. T12, utility breakdown, and lease summaries are available for review to qualified buyers and can be emailed on request.

Property Features

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