Contact us for more information
Andrew Mcgregor
Salesperson
$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection. (id:58576)
| MLS® Number | X9410939 |
| Property Type | Business |
| Community Name | 451 - Downtown |
| AmenitiesNearBy | Public Transit |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 3 |
| BedroomsTotal | 11 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ExteriorFinish | Stucco |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1662 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 96 Ft |
| SizeFrontage | 42 Ft |
| SizeIrregular | Unit=42 X 96 Ft |
| SizeTotalText | Unit=42 X 96 Ft|under 1/2 Acre |
| ZoningDescription | R3 |