INVESTMENT PROPERTIES

Description

Solid investment opportunity with this brick & stucco side-by-side duplex. One unit fully occupied & the other unit recently empty & ready for the next owner to choose their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both units metered separately for: gas, hydro & water/sewer. Unit A is a 2 bed, 1 bath, 2sty unit with tenant paying $1600/mth ++. Tenant has been in place since Dec. 2023 & has a 1yr lease. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is vacant & ready for the open market. This bungalow layout has 2 bdrms, 1 bath, formal living rm & dining rms, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: hdwd flooring, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Great addition to your investment portfolio. **** EXTRAS **** Projected rent for vacant unit is approx. $2000/mth++ for a total potential GROSS rent of $43,200 annually. Duplex includes: 2 fridges, 2 stoves, 2 sets of washers/dryers, 2 HWTs (all owned by Landlord). Minimal landlord expenses. (id:2469)

Amenities

Hospital, Marina, Park, Schools

Listing Provided By

ROYAL LEPAGE PROALLIANCE REALTY

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