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Key Facts

Type Multi Family
Levels Residential
Size 3598 sqft
Garage No
Taxes $2,200
Days Active 83
Lot Size 
Approx. Age 1913
Avg. Price Per Sqft $111
MLS® Number B1597345

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

In the past few years, this 4-unit mix use property has undergone a massive remodeling worth more than $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $52, 800.00 annual rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance. Riverside neighborhood has seen so many development projects and continues to see more exciting new development momentum. What is greater is that it will not stop its momentum in the foreseeable future. Located on busy street corner, you won’t be disappointed to add this CASH COW property to your portfolio. Priced to sell. Make your offer.Show Description
MLS® NumberB1597345
Laundry LevelWasher Hookup
Central VacNo
FireplaceNo
Acreage0.0884
ExteriorBalcony
GarageNo
Approx. Age1913
BasementPartial
DrivewayTwo Or More Spaces
Garage Spaces
HeatGas, Forced Air
A/C
Heating Fuel

Extras

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