Attention all investors, this cash positive legal duplex, currently generates $5,939 per month, $71,268 annually in gross rent, with the potential to generate $6,239/month $74,868/year. This investment property, has been well maintained, with 2 hydro meters, 4 parking spots at the rear, furnace (2022), tankless hot water heater (2023), flat roof (2022), the basement has a separate side entrance with coin operation laundry, and plenty of room for storage or insert an additional 4th rental unit. The investment property had a major renovation with permit involving wiring(copper), plumbing(copper/ABS), windows along with drywall construction and doors/trims upgraded. Currently the loft unit just became occupied as of June 1st, to rent for $1450/month. The investment property is a smoke free and pet free environment. (id:47421)
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Detailed Information
Lot
26 x 94 ft
Total Area
2,203 ft2
Amenities Nearby
Hospital, Public Transit
Community Features
Quiet Area
Equipment
Water Heater
Features
Park setting, Park/reserve, Laundry- Coin operated, No Pet Home
Listing Contract Date
2024-05-07
Location Description
URBAN
# of Parking Spaces
4
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Business
Business Type
Residential
Business Subtype
Residential
Building
Appliances
Dryer, Refrigerator, Stove, Washer, Range, Oven
Architectural Style
Multi-Unit
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1889
Construction Style (Attachment)
Detached
Exterior Finish
Brick, Vinyl siding
Fire Protection
Fire alarm system, Smoke Detectors
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Size (Exterior)
2203 square feet
Type
Triplex
Utility Water
Lake/River Water Intake, Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
26.05 x 94.15 | under 1/2 acre
Amenities
Hospital, Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
26.05 x 94.15
Soil Type
Clay
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