Semi Detached home in Old South on a dead end street! This 3+1 bedroom home is close to Victoria Hospital and downtown with a park around the corner, shopping nearby and major bus routes steps away! New windows on the main and second levels in the past 3 years and the roof was done in 2011l It's currently fully rented with the same tenants that have been there for two years and they'd like to stay. It could be your truly turnkey investment with a cap rate of 6.95%! Current total rental income: $1,800/Month (Small room: $375, Medium room: $425, Large room: $475, Basement: $525 | + rent could go up $50 for each room. No rent increase in 3 years) Total 2016 expenses: $2,162.25 (London Hydro, including water: $2,162.25, Union Gas: $459.36, Property Tax: $2,493.58, Insurance: $571.32). (id:15898)
Refrigerator, Stove, Stove, None, Dryer, Washer
Estimated Monthly Mortgage$824
Listed by: ROYAL LEPAGE TRILAND REALTY(2), BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
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