Presented by: GLOBAL BRICKS REALTY
Property Description
Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity (id:7434)
Interior Features
Bedrooms
Bedrooms4+3
Other Interior Features
Basement TypeN/A, N/A
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters
Living Area Range1,100 sqft
General
Building AmenitiesSeparate Electricity Meters
Building Basement FeaturesApartment in basement, Separate entrance
Building Cooling TypeNone
Building TypeOther
Building.StoriesTotal2
CommunityNameTNE - Central
Foundation TypeBrick
Location DescriptionBirch St N & Ninth Ave
Parking Space Total4
Property TypeMulti-family
Zoning DescriptionNA-R3
Exterior
Exterior FinishVinyl siding
SewerSanitary sewer
Additional Details
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