$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **** EXTRAS **** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:51532)
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| Building |
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| Land |
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| Level | Rooms | Dimensions |
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| Second level | Dining room | Measurements not available |
| Kitchen | Measurements not available | |
| Living room | Measurements not available | |
| Main level | Living room | Measurements not available |
| Dining room | Measurements not available | |
| Kitchen | Measurements not available | |
| Bedroom | 3.04 m x 3.04 m | |
| Living room | Measurements not available | |
| Dining room | Measurements not available | |
| Kitchen | Measurements not available | |
| Bedroom | Measurements not available | |
| Office | Measurements not available |
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| Water Heater | |||||
