Welcome to 51 Cranston Avenue! This spacious 3-family is located in a good family neighbourhood, conveniently located near many amenities. This property has some brick exterior, plenty of off-street parking, and is a solid investment building with great units. This building has a paved driveway, natural gas heating, some renovations (especially the lower unit), a common laundry room, and is located on the bus route. This building has solid numbers and is a great investment opportunity. Rents are: Lower unit-$1500 (proposed amount-currently vacant), Middle-$1600 and Upper- $1450 Approximate Total Income = $54,600 | Approximate Expenses: Insurance-$1913, taxes-$3520, heat-$4376, electricity-$641, and water/sewer-$3592. Approximate Total Expenses: $14042 | Approx. Net Income - $40,558 (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
Equipment
Water Heater
Features
Level lot
Location Description
Top of Cranston
Municipal ID
00032003
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Appliances
Refrigerator, Stove
Basement Development
Finished
Basement Type
Full (Finished)
Exterior Finish
Brick, Wood
Flooring Type
Ceramic, Laminate, Vinyl, Wood
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Hot Water
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2
Total Finished Area
2500 sqft
Type
Triplex
Utility Water
Municipal water
Land
Total Size
4790 square feet
Access Type
Year-round access
Landscape Features
Partially landscaped
Sewer
Municipal sewage system
Size of Irregular Land
4790
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