Multi-Family Residence on Cranbrook Drive Charming Multi-Family Home on Cranbrook Drive

Description

44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike.

Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway with no shared walls, providing both privacy and comfort.

This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.

Offers an estimated 5% net return on investment plus capital appreciation potential.
Perfectly situated in George Town to avoid all the major rush-hour traffic.
There are 4 separate residential units on the property.
All units have their own kitchen, washer and dryer.