Cash Flowing, Full Rented, 4 Unit- Detached Building, Maintenance Free, R2-3 Zoning. Each unit with separate entrances/door, Loads of parking and room for a garage at the rear. Gas forced Air Heat, Upgraded electrical, New Roof (2016), Front Deck and common area/foyer. Gross Rent $3100 with 3 long term tenants, Potential Rent $45k. 30 Hr Notice required for viewings, Weekend viewings after 10:00am. Deposit Min. $7k. Turn Key Property, all 1 Bedrm Units, Market rent $1k+ per month ($3800/mth), Seller willing to hold VTB Current Cap Rate over 6%, Fully unfurnished large basement available pot. Rental.
Extras
30 Hr Notice for Showings- Tenants, Only after 10:00am
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Detailed Information
Freestanding
Y
Lot
50 x 97 ft
Office/Apt Area
2,800 ft2
Total Area
4,811 ft2
Approximate Age
51-99
Elevator
None
Air Conditioning
N
Basement
Y
Chattels
Y
Garage Type
None
LLBO
N
Heat Type
Gas Forced Air Open
Financial Statement
N
Gross Income/Sales
$37,300
Net Income Before Debt
$24,000
Hydro Expense
$3,900
Water Expense
$1,400
Heat Expenses
$3,800
Insurance Expense
$2,500
Taxes Expense
$3,920
Year Expenses
$2,024
Expenses Actual/Estimated
Est
Sprinklers
Part
Sewers
Sanitary
Utilities
Y
Water
Municipal
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
R2-3
Seller Property Info Statement
N
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