Attention SAVVY HOMEOWNERS! Completely renovated & turnkey LEGAL 2 Unit bungalow located in beautiful Queenswood Heights. Projected Gross Income of $44,400. Lower level is vacant (rare opportunity to select your own tenants - should rent for $1750). Upper unit has been under rented to an excellent long-term tenant at $1500 (rents have...
Attention SAVVY HOMEOWNERS! Completely renovated & turnkey LEGAL 2 Unit bungalow located in beautiful Queenswood Heights. Projected Gross Income of $44,400. Lower level is vacant (rare opportunity to select your own tenants - should rent for $1750). Upper unit has been under rented to an excellent long-term tenant at $1500 (rents have never been raised - market rent is $1950). OWNER OCCUPY either unit & have the other unit pay 85% of your mortgage! Both units feature timeless white kitchens, new appliances, in-suite laundry, low taxes, and no rental equipment, providing the perfect Low Expense/Low Maintenance investment opportunity! Annual Expenses are $8,198. Current Net Income: $30,807. Projected Net Income: $36,207. Furnace, AC, HWT, Basement SDU, living room windows, and patio door were all done in 2015. Pre-Inspection is available upon request. Offers to be presented on June 23rd @ 5pm, however Seller reserves the right to review and may accept pre-emptive offers :)
Property Details
Size
Parking
Lot
Rooms
Living Rm
11′0″ x 19′0″
Kitchen
11′0″ x 18′0″
Full Bath
5′0″ x 7′8″
Primary Bedrm
8′8″ x 10′6″
Bedroom
8′11″ x 8′1″
Bedroom
11′0″ x 9′0″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
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Sold Nearby
- 5
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