Average square foot calculated using Size range provided by listing agent.
Description
Incredible opportunity to acquire an absolutely TURNKEY 8 unit property bringing in nearly $7, 000 per month currently! This property contains (8) two bedroom, one bathroom units that have all been completely renovated including vinyl plank flooring, paint, updated kitchens with new cabinets, and updated bathrooms. In addition, ALL NEW MECHANICALS have been installed (furnaces & HWT's) as well as electrical and plumbing updated. The roof was also completely replaced in the last couple years. This is truly a turnkey opportunity and will allow a new owner walk into consistent cash flow right from day 1! Rents are currently under market and a savvy owner can easily bring the income to $8, 000+ per month through organic rent bumps (or more through renting to section 8, voucher holding tenants)! There is also coin operated laundry in the basement as an added amenity for tenants. Tenants are responsible for gas and electric. Owner pays water/sewer and trash.Show Description
MLS® Number5141519
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatForced Air
A/C
Heating Fuel
Extras
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