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$ 447,000
Est. payment | /mo
7 Beds
4 Baths
$ 447,000
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
Subdivision Tne - Central
MLS® Listing ID T13863352
Bedrooms 7
Property Description
Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Main level 1.33 m X 1.45 m Bedroom
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by GLOBAL BRICKS REALTY
NEARBY SCHOOL & BUSINESS