Cap rate is approx. 10%. Many Upgrades. All new windows, plumbing, electrical, bathrooms, kitchens, fire escape, New Roof, much more! Close to amenities, near school, has no work orders and is priced below assessed value ($127,900)! This spacious 3 family rents for $600, $750, and $775. Two of the Apartments come with Washer/Dryer & Dishwasher. Total rental income - $25,500, insurance - $1044, oil - $6267, taxes - $4157, electricity - $960, water/sewer - $1731. Approx. expenses - $14,159, and approx. net income - $11,341.You can live in the 1,300 sq ft apartment and have the tenants pay mortgage, fenced in yard. Lots of Storage. This is a great investment building to consider! Well worth a look! (1933586)
Main to Adelaide to Metcalf
Property Type
Single Family
Land Size
2594 SQ FT|under 1 acre
Annual Property Taxes
$4,157 (CAD)
Time on REALTOR.ca
3696 days
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