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This 4 plex has a 3 bedroom apartment and a one bedroom apartment on each side. (1800 sq ft each side). The Owners unit will be vacated on the sale. The rest of the tenants are to be assumed. The market rent for the owners 3 bedroom unit is about $1800 plus gas and hydro. The one bedroom 101B rent is $623 plus gas and hydro. 99A 3 bedroom rent is $862.50 plus gas and hydro. 99B one bedroom rent is $592.50 plus gas and hydro. The tenant rents are low compared to market rents. Gross rents $3878/month. ($46536/year). Owner pays water approx $2300 and insurance $1680. Net income $41756. 5.8% cap rate. THE OWNERS UNIT IS EASY TO SHOW ON SHORT NOTICE. UNIT 101A. Due to the virus the other tenants units will shown after an accepted offer (with buyer's conditions). There are pictures of all the units. (id:10452)
|Days On Our Website||16|
|Basement||Unfinished - Partial (Unfinished)|
|Lot Dimensions||0.3 ac|under 1/2 acre|
|Heating||Natural gas - Forced air|
|Sewers||Municipal sewage system|
Listing Office: Royal LePage Action Realty
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