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The CASHFLOW COW you?ve been waiting for! INVESTORS:5.90% Cap Rate. Monthly CASHFLOW of $1,325/ month ($15,904/year). Annual Gross Income of $48,540 split between 2 newly renovated, tenanted, turnkey & LEGAL separate units. Upper Unit-4 Bed/2 Full Bath (1 ensuite) rents for $2,120+Hydro. Lower Unit-3 Bed/2 Full Bath (1 ensuite), rents for...
The CASHFLOW COW you?ve been waiting for! INVESTORS:5.90% Cap Rate. Monthly CASHFLOW of $1,325/ month ($15,904/year). Annual Gross Income of $48,540 split between 2 newly renovated, tenanted, turnkey & LEGAL separate units. Upper Unit-4 Bed/2 Full Bath (1 ensuite) rents for $2,120+Hydro. Lower Unit-3 Bed/2 Full Bath (1 ensuite), rents for $1,850+Hydro. Both have been built with design, function & durability in mind. The incredibly efficient boiler system, separate Hydro meters, 2021 Roof & AC, & low taxes, Timeless white kitchens, Quartz countertops, New Appliances, In-suite laundry & Luxury vinyl floors, provide the perfect ultra Low Expense and Low Maintenance investment opportunity! NOI $39,832. Huge backyard with massive deck. EXCELLENT location. Walking distance to Grocery, Schools, Restaurants & multiple parks! Pre-Inspection Available upon request. Offers to be presented on March 20 @ 4pm, however Seller reserves the right to review and may accept pre-emptive offers with 24 IRR.
Property Details
Size
Parking
Lot
Build
Rooms
Living Rm
11′1″ x 14′3″
Dining Rm
5′8″ x 6′1″
Kitchen
11′1″ x 8′3″
Bedroom
11′1″ x 13′0″
Bedroom
11′1″ x 12′8″
Bedroom
11′1″ x 9′1″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
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