Size
-
Lot size
3162 sqft
Street frontage
-
Possession
2025-01-10
Price per sqft
$460 - $575
Taxes
$3,979 (2024)
Parking Type
-
Style
1 1/2 Storey
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Description
INVESTORS! 4 cottage complex is situated just a block from the North Beach downtown and is a money maker! 98% occupancy with many repeat clients. The 3 bedroom includes the loft as 3rd bedroom, gas fireplace, cathedral ceiling, 4 piece bathroom with laundry and is the largest unit. The 2 bedroom unit with gas fireplace also includes a loft as a bedroom that kids love. The one bedroom is very cozy & a bachelor apartment are currently rented to year round excellent tenants. All units have appliances, a/c, bbqs, satellite TV, parking spots, 200 amps service & are fully furnished and winterized. A major renovation 18 years ago and more recently - new porches on 1, 2, & 3; replaced interior stairs in 2 & 3; new bathrooms in 2, 3, & bachelor; new kitchen in 2 & studio; upgraded insulation in basement; a new rental water heater/boiler! The boiler heats the two smaller units and is very efficient. Baseboard electric and gas fireplaces heat the larger units. This is a great investment opportunity. Utilities $8891. Rents $1600 weekly for 3 bedroom and similar pricing for winter tenants monthly. The two bedroom $1700 per month and 2 smaller units are $1000 all inclusive monthly.
Broker: OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE
MLS®#: X9300267
Property details
Parking:
4
Parking type:
-
Property type:
Fourplex
Heating type:
Water
Style:
1 1/2 Storey
MLS Size:
2000-2500 sqft
Lot front:
81 Ft
Lot depth:
38 Ft
Listed on:
Sep 5, 2024
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Instant estimate:
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$56,791
lower than listed pricei
High
$1,163,443
Mid
$1,093,209
Low
$1,063,469
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