Property Information:
Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex, plus one unit, currently set up as shared accommodation, currently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio. (id:27)
Building Features:
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Style:
Triplex
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Building Type:
Triplex
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Basement Development:
Partially finished
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Basement Type:
Full
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick, Vinyl siding
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Fire Protection:
Fire alarm system, Smoke Detectors
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Foundation Type:
Stone
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
