Average square foot calculated using Size range provided by listing agent.
Description
Welcome to 23 S West St, a licensed rooming house with a grandfathered-in, transferable license. With 6 rooms plus an efficiency unit, this property is ready to cash flow with its new owner. Once fully rented, this property will bring in $47, 320 a year in annual income. After all expenses, the estimated net operating income is $24, 199, after accounting for management, maintenance, and vacancy. Owner pays all utilities, and tenants pay on a weekly basis. Four of the six rooms are rented for $90, $100, $125, and $150, paid weekly. Market rent on a weekly basis is $135–$150 a week, and the vacant efficiency unit would rent for $750/month at market rates. The property also features three full bathrooms, including one in the partially finished basement off of the efficiency unit. Call today to schedule a showing!Show Description
MLS® NumberPAYK2090152
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1915
Stories3
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatRadiator, Natural Gas
A/CNone
Heating Fuel
Extras
Landlord owned appliances and furniture
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