Quick Summary
Quick Summary
- Spacious 2.5 storey century home
- Tenants pay gas and hydro, owner pays water
- Updated electrical in 2009, new boilers in 2021
- Separate laundry in each rental unit
- Tenants willing to stay on
- Rear unit has 2 bedrooms, front unit has 3
- Shared basement with separate entrances
- Projected net income of $23,967 for 2023
Majestic 2.5 storey yellow brick century home (2370 sqft) close to most amenities! Tenants pay gas and hydro. Owner pays water. Rear main $1,500 month per month, upper front $1,020 month per month. 2 boilers installed 2021, updated electrical 2009, 2 owned gas water heaters, shingles 2012, garage roof 2019, main floor windows 2020.... Show More
Majestic 2.5 storey yellow brick century home (2370 sqft) close to most amenities! Tenants pay gas and hydro. Owner pays water. Rear main $1,500 month per month, upper front $1,020 month per month. 2 boilers installed 2021, updated electrical 2009, 2 owned gas water heaters, shingles 2012, garage roof 2019, main floor windows 2020. Laundry in each unit. Tenants share basement with separate entrances for each. Tenants willing to stay on. Unit A = rear main floor, 2 bedroom, 1 bathroom, 1 washer, 1 dryer, 1 fridge, 1 stove. Unit B = upper front + 3rd floor, 3 bedroom, 1 bathroom, 1 fridge, 1 stove. Showings by appointment - Wednesdays 1-7pm and Saturdays 1-7pm ONLY. Expenses: Property Taxes - $3750.82; Water/Sewer Expense - $925.00; Insurance Expense - $2522.00. Income: Rental Income - $30,240.00; NET INCOME - $23,967.00. Financial information is projected, for year ending 2023. Units occupied = 2. Under contract monthly costs = 0. (id:54626)
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For Sale Nearby
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