Size
-
Lot size
809.37 sqm
Street frontage
N
Possession
30 days
Price per sqm
$2,366 - $3,385
Taxes
$3,921.04 (2023)
Parking Type
-
Style
2-Storey
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Description
You will receive approximately $9600 gross income every month from the day you close on this fully rented 6 plex. This property has been rebuilt to an open concept loft design with white quartz countertops, stainless appliances and gas fireplaces to attract and keep good paying tenants. It sits in a convenient, quiet area. Walk tree lined streets or stroll the downtown shopping and restaurants. The grassed private yard itself is inviting with picnic table and big trees. This property will appeal to value investors, cash flow positive investors, new investors or an investor that wants to live in one of the apartments free and still enjoy $80,000 a year income. Gross Income fully rented is $116,000. Net income is approximately $96,000 based on the approximate expenses of $20,000 for taxes, utilities and insurance.
EXTRAS:
EXTRAS:
Broker: RE/MAX ADVANTAGE REALTY LTD.
MLS®#: X10402754
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
2-Storey
MLS Size:
325-465 sqm
Lot front:
20.12 M
Lot depth:
40.23 M
Listed on:
Nov 2, 2024
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Instant estimate:
orto view instant estimate
$35,957
lower than listed pricei
High
$1,132,403
Mid
$1,064,043
Low
$1,035,097