5 Bedroom
4 Bathroom
2,002 ft2
2 Level
Baseboard Heaters
$699,900
$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. (id:60626)
Property Details
MLS® Number
|
40728405 |
Property Type
|
Single Family |
Neigbourhood
|
Wortley Village |
Features
|
Laundry- Coin Operated |
Parking Space Total
|
4 |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
4 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
5 |
Architectural Style
|
2 Level |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Brick |
Foundation Type
|
Block |
Heating Fuel
|
Electric |
Heating Type
|
Baseboard Heaters |
Stories Total
|
2 |
Size Interior
|
2,002 Ft2 |
Type
|
House |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Depth
|
198 Ft |
Size Frontage
|
39 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
R3-1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
4pc Bathroom |
|
|
Measurements not available |
Basement |
Bedroom |
|
|
1'0'' x 1'0'' |
Lower Level |
Kitchen |
|
|
1'0'' x 1'0'' |
Main Level |
4pc Bathroom |
|
|
Measurements not available |
Main Level |
4pc Bathroom |
|
|
Measurements not available |
Main Level |
Bedroom |
|
|
1'0'' x 1'0'' |
Main Level |
Bedroom |
|
|
1'0'' x 1'0'' |
Main Level |
Kitchen |
|
|
1'0'' x 1'0'' |
Main Level |
Kitchen |
|
|
14'6'' x 10'6'' |
Upper Level |
4pc Bathroom |
|
|
Measurements not available |
Upper Level |
Bedroom |
|
|
1'0'' x 1'0'' |
Upper Level |
Bedroom |
|
|
1'0'' x 1'0'' |
Upper Level |
Kitchen |
|
|
1'0'' x 1'0'' |