Property Information:
A RARE FIND, 5 APARTMENTS WITH TENANTS AND PROPERTY MANAGEMENT IN PLACE ON A LARGE CORNER LOT. 4 BEDROOM UNITS AND 1 BACHELOR, EACH WITH ONE BATHROOM. PLENTY OF PARKING. 3 UNITS RECENTLY RENOVATED IN (2022) WITH NEW KITCHENS, 4 PC BATHS, FLOORING, PAINT AND DECOR AND CURRENT RENTS AND HYDRO. COMMON AREA ALSO RENOVATED IN 2022. THE EXTERIOR IS REFRESHED WITH A NEW FRONT AND REAR ENTRYWAYS ALONG WITH UPDATED PAINT AND FRESH GRAVEL PARKING LOT. THE COMMON AREAS ALSO INCLUDES A NEW SURVEILLANCE SYSTEM. LOWER FLOOR COIN-OP LAUNDRY WITH SPACE FOR POTENTIAL ADDITIONAL INCOME OR INDIVIDUAL UNIT STORAGE SET UP. 5 HYDRO METERS. DON'T MISS THE EXCELLENT OPPORTUNITY TO ADD THIS PROPERTY LOCATED IN A GENTRIFYING AREA TO YOUR PORTFOLIO. GROSS ANNUAL INCOME $55,400. ESTIMATED ANNUAL EXPENSES $13,700. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Construction Style - Attachment:
Detached
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Exterior Finish:
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Flooring Type:
Hardwood, Laminate
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Foundation Type:
Block
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Appliances:
Dryer, Refrigerator, Stove, Washer