Basics
- Date added: Added 3 weeks ago
- Category: For sale
- Type: Multi-family
- Bedrooms: 10
- Bathrooms: 14
- Half baths: 1
- Year built: 2014
Description
-
Description:
Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW
Secure Lease in Place

The portfolio consists of two duplex buildings, each comprising two legally separate sides.
Building A and Building B can be sold separately.
Building A - 3411 & 3413 Cascade Road NW
Sold together
Combined Annual NOI: $168,000
Purchase Price: $2,600,000
Building B - 3419 & 3421 Cascade Road NW
Sold together
Combined Annual NOI: $168,000
Purchase Price: $2,600,000
Annual Rental Income: $168,000
Lease Term: May 2030
Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses
Hands-Off Ownership: Minimal landlord responsibilities
Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW
√ Stable income
√ Non-profit, property-tax-exempt tenant
√ Reduced operating risk
√ Predictable returns
√ Low management burden
Turnkey Investment Opportunity - 3411 & 3413 Cascade Rd NW
Stable, Recession-Resistant Income — A lease with a non-profit tenant provides dependable cash flow regardless of market fluctuations.
Property Tax Exemption — Because the tenant is a registered non-profit, the property qualifies for property tax exemption, directly improving your net operating income.
True Passive Ownership — Under the net lease structure, the tenant manages day-to-day building operations. No midnight calls, no maintenance coordination.
Modern, High-Quality Construction — Built in 2020, the building features 14 ensuite bedrooms, high-end interior improvements and is fully furnished — reducing capital expenditure risk for years to come.
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Location
- Quadrant: Northwest
