Super Investment Opportunity; 12 unit building middle of booming Owen Sound, 12 units All 1 Bedroom fully occupied and leased. Some units are renovated. Newer Windown through out. On Municipal water and sewer. No laundry facilities. Security Cameras. Not Water owned (electric). Newer laminate F1 thru-out. Rent below average Huge up side yearly Income 1,44,600 with Expenses 21,000 Tenants pays own hydro; net Income 123000 as per Seller; Buyer to do his own due diligence. Rent can be further negotiated as and when units are coming due for renewal.
Extras
12 fridges, 12 stoves, hot water tank, security cameras, simply being sold AS IS Buyer to do own due diligence.
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Detailed Information
Freestanding
Y
Lot
104.73 x 48.9 ft
Total Area
5,060 ft2
Elevator
None
Air Conditioning
N
Garage Type
Other
Heat Type
Radiant
Outside Storage
N
Area Influences
Public Transit
Soil Test
N
Utilities
Y
Water
Municipal
UFFI
No
Crane
N
Rail
N
Survey
N
Lot/Bldg/Unit Code
Lot
Zoning
C1
Seller Property Info Statement
N
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