Size
2002 sqft
Lot size
7622 sqft
Street frontage
-
Possession
-
Price per sqft
$350
Taxes
$3,445.15 (2024)
Parking Type
-
Style
Two Story
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Description
$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): 1 Bed, renovated Unit#3($1,332/m): 1 Bed, Unit#4($1,230/m): 1 Bed+den, Coin Laundry ($150/m): Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cash flow $1,362.10/m, Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. Net Income $55,552.
Broker: CENTURY 21 MILLENNIUM INC
MLS®#: 40728405
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Baseboard,
Style:
Two Story
MLS Size:
2002 sqft
Lot front:
38 Ft
Lot depth:
197 Ft
Listed on:
May 13, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Kitchen | 4.42 x 3.20 ft | |
Main | Bedroom | 0.30 x 0.30 ft | |
Main | Kitchen | 0.30 x 0.30 ft |
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