Welcome to 72 Belleview Avenue! This two-family home is situated in a great location on the bus route and within close proximity to many amenities. Featuring electric baseboard heating, stylish flooring, and modern kitchen cabinets, this property offers plenty of potential. The units are spacious with large windows that bring in plenty of bright natural light. The lower unit also features a generous deck with a nice view, perfect for relaxing outdoors. Additionally, the basement provides an opportunity for extra storage. Ideal for owner occupancy or multi-generational living, the top unit could rent for approximately $1,500 per month, while the bottom unit is currently rented at $1,000 per month (tenants pay heat & lights), bringing in a total potential rental income of $30,000 annually. Estimated annual expenses include: Taxes: $2,818 Insurance: $2,304 Water & Sewer: $2,856 Electricity: $3,080 Total Expenses: $7,978 This leaves an estimated net income of $22,022, making it a promising investment opportunity! (id:47421)
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, Sloping
Location Description
Millidge Ave --> Spar Cove --> Belleview
Municipal ID
00046805
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Building
Exterior Finish
Cedar shingles, Wood shingles
Flooring Type
Laminate
Foundation Type
Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Total Finished Area
1700 sqft
Type
Duplex
Utility Water
Municipal water
Land
Total Size
3498 square feet
Access Type
Year-round access
Sewer
Municipal sewage system
Size of Irregular Land
3498
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