Welcome to 1-3 Charlotte Street! This amazing investment property is located on a high-traffic corner in the Uptown area approximately a 2-mintue walk to the gates of City Market. The main floor commercial space is currently being used as an Art Studio and 4 newly updated studio apartments that are 1-1bdrm and 3-2bdrm units. This 3-unit building (circa 1867) pre-dates The Great Fire and is an exceptional investment property located in the urban city surroundings of Canada's oldest incorporated city! Current rents are $1300, $1400, $1500, $1600 and $1800. Total rental income - $91,200. Approx. total expenses are: Water/sewer - $2500, taxes $13,198, insurance $4000, electricity $5400. Approx. total expenses $25,098. Approx. total net income- $66,102. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Shopping
Equipment
Other, Water Heater
Features
Level lot, Corner Site
Location Description
Corner of Union and Charlotte
Municipal ID
55028450
Ownership Type
Freehold
Property Type
Other
Rental Equipment
Other, Water Heater
Transaction Type
For sale
Business
Business Type
Residential
Business Subtype
Residential
Building
Constructed Date
1867
Cooling Type
Heat Pump
Exterior Finish
Brick, Metal
Heating Fuel
Electric
Heating Type
Baseboard heaters, Heat Pump
Roof Material
Membrane
Roof Style
Unknown
Total Finished Area
4620 sqft
Land
Total Size
2454 square feet
Access Type
Year-round access
Amenities
Shopping
Size of Irregular Land
2454
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