11 Bedroom
3 Bathroom
1662 sqft sq. ft
Forced Air
$770,000
$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:38042)
Property Details
MLS® Number
|
X9410939 |
Property Type
|
Business |
Community Name
|
451 - Downtown |
AmenitiesNearBy
|
Public Transit |
Features
|
Laundry- Coin Operated |
ParkingSpaceTotal
|
4 |
Building
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 |
Land
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 |