Great investment in an awesome location, cap rate 7%. Brick purpose built triplex with 2-4 bedroom and 1-3 bedroom LARGE units. Fully rented, never a vacancy. Generating over $4,800 per month in rental income, this building has its own private yard and it's within walking distance to the park, nearby amenities, public transit and minutes to downtown. Full brick building, lots of interior upgrades in the past 10 years (kitchens, bathrooms, flooring). Unit#2 is rented furnished for $2,260 (landlord pays hydro+gas), unit 1 rents for $1,200 plus heat and hydro, unit 3 rents for $1,400+heat and hydro. All appliances: 3 fridges, 3 stoves, 3 dishwashers, 3 microwave/hood fans, 1 washer and 1 dryer (coin operated) and furniture in unit#2 are included. 4 Hydro meters, 3 HWT (owned) and 3 high efficiency gas furnaces. Available immediately. (id:2579)
Listing courtesy of RE/MAX CORE REALTY INC..
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