Rare find investment opportunity in Variety View. RM3 Zoned FOURPLEX (RM3 zoning allows for Medium-Density Multiple-Unit Dwelling, multiple-unit dewllings, boarding houses, ault day care, hostels, residential care homes etc. The options are endless) . Four Permitted suites each with their own electrical meters, separate entry, laundry, kitchen, electric baseboard heating, parking space, garbage bins, mailbox and private fenced yard! Gross annual rent approx. $60000 ! Suite #1: 4bedrooms+2baths+kithen+familyroom+deck (rent: $1500/month) Suite #2 : 2 bedrooms+2baths+kitchen (rent: $1300/month) Suite #3 (semi-basement with big windows): 2 bedrooms+2baths+kitchen: (rent: $1000/month) Suite #4 (semi- basement): 2 bedrooms+2baths+kitchen (rent: $1200/month) Recent upgrades include: water heater, windows, doors, new paint, fence etc. The property is conveniently located at the corner of Clarence Ave and 8th street. Close to University, river and 8th st shopping. Easy to rent with good positive cash flow. It can be a great holding property or future development project. Call today to view. (id:15898)Show Description
Washer, Refrigerator, Dryer, Window Coverings, Stove
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