Quick Summary
Quick Summary
- Profitable fourplex investment with good returns
- Fully rented with separately metered units
- Recently renovated apartments in quiet area
- Convenient location near shopping, dining, recreation
- On city bus route for easy commuting
- Priced below assessed value of $714,000
Great investment opportunity! Fourplex with good return, with all units rented. Located in a quiet residential area in southport. Tenants pay their own heat and hydro. All suites in this complex were renovated just a few years ago. Each unit is separately metered with individual hot water tanks. The building has 3 one bedroom apartments... Show More
Great investment opportunity! Fourplex with good return, with all units rented. Located in a quiet residential area in southport. Tenants pay their own heat and hydro. All suites in this complex were renovated just a few years ago. Each unit is separately metered with individual hot water tanks. The building has 3 one bedroom apartments that are rented for $900, $816 and $724 and one 2 bedroom apartment rented for $1400 and separate coin operated laundry. Revenue is $3840 a month and $46,080 annually. Walking distance to shopping, restaurants, recreation, Harbour Quay and Canal Beachfront area. On the city bus route. This complex is a must see! Priced below assessed value of $714,000. Good opportunity for the investor! (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Primary Bedroom
9′2″ x 9′9″
Primary Bedroom
11′2″ x 11′5″
Living room
10′9″ x 13′4″
Living room
11′3″ x 15′4″
Kitchen
7′9″ x 10′1″
Kitchen
Kitchen
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
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