GOOD SOLID INVESTMENT PROPERTY ZONED R4 AND CONSISTS OF 8 SPACIOUS UNITS, PURPOSE BUILT USING CONCRETE CONSTRUCTION, 6 UNITS HAVE BALCONIES, EACH UNIT COMES WITH FRIDGE AND STOVE. TENANTS PAY HYDRO, VENDOR PAYS HEAT (APPROX. $4664.96 / YEAR). HOT WATER GAS COIN OPERATED LAUNDRY IN BASEMENT. GREAT LOCATION, OLD WESTEND AREA, WALKING DISTANCE TO DOWNTOWN AND ALL ITS AMMENITIES. THIS WOULD BE A GOOD OWNER OCCUPIED INVESTMENT. LONG TERM TENANTS, EASY TO MAINTAIN. POTENTIAL FOR 1 BEDROOM UNIT ADDITIONAL IN BASEMENT, SUBJECT TO PARKING. EXPENSES: COMMON AREA HYDRO $1315.40, WATER/SEWER $3819.90, MAINTENANCE $4899.00, INSURANCE $3624.00, MGMT $2939.40, LAUNDRY INCOME APPROX. $3600.00 PER YEAR INCLUDED IN TOTAL RENT INCOME. NOTE: 2020: NET RENT $68,081.66 EXPENSES $33,378.34 NOTE: 2022: NET RENT $64,110 EXPENSES $37,350. (id:43038)
MLS® Number | 40299362 |
Property Type | Multi-family |
AmenitiesNearBy | Hospital, Park, Place Of Worship, Public Transit, Shopping |
CommunicationType | High Speed Internet |
EquipmentType | None |
Features | Corner Site, Park/reserve, Laundry- Coin Operated |
ParkingSpaceTotal | 11 |
RentalEquipmentType | None |
BathroomTotal | 8 |
BedroomsTotal | 16 |
BasementDevelopment | Partially Finished |
BasementType | Full (partially Finished) |
CoolingType | None |
ExteriorFinish | Brick |
FireProtection | None |
HeatingType | Hot Water Radiator Heat |
StoriesTotal | 3 |
SizeInterior | 9000 |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Hospital, Park, Place Of Worship, Public Transit, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 78 Ft |
SizeFrontage | 113 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | R4 |
Cable | Available |
Electricity | Available |
Natural Gas | Available |
Telephone | Available |
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