Attention investors and also people who want to live cheap!! Great opportunity here...building shows good numbers as investment, fully rented, all tenants on month to month lease....also very suitable to live in one unit and collect rents from other two...significantly reduces your own using costs!! Fabulous tenants, all willing and happy to say on. Each unit has its own charm and uniqueness: main floor front unit has original hardwood flooring and newer kitchen cabinets, main floor back has updated 3 piece bath. refreshed kitchen, patio door leading to huge yard and this unit is only one with access to basement (where laundry is situated). Each unit has own parking spot if needed (close to bus route), seller currently has use of detached garage. Basement has 6' ceilings and is under original portion of house only (front main floor unit), breaker panel for this portion (basement and front main floor), fuses for back main floor unit plus upper unit, all copper wiring. Income/expense from 2016 income statement. GROSS RENTAL INCOME $30,600- TOTAL OPERATING EXPENSES $11,408 = NET OPERATING INCOME: $19,192 ALL RENTS MONTH TO MONTH: MAIN FLOOR FRONT $800 UPPER: $800 MAIN FLOOR REAR: $950 (id:15898)
Estimated Monthly Mortgage$1,358
Listed by: RE/MAX NIAGARA REALTY LTD,BROKERAGE
The listing data is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zoocasa. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.