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Well maintained four plex with on site coin laundry room. Located in a great area just steps from Victoria Park and the beach. Many improvements over the years including roof, insulation, wiring, windows, kitchens with dishwashers. Showing good return. Four large 2 bedroom units with eat in kitchens, 10ft ceilings , hardwood floors , open concept living area plus balcony. Tenants pay all their own utilities, laundry receipts average $110.00 per month. Total gross income $51,558.00. Expenses, Insurance $2.152.44, Taxes $5,539.32, Landlord utilites for laundry and common area $1,077.07, snow removal and grass cutting $1,392.16 total expenses $10,160.99 total net profit $41,397.01
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Listed by MICHAEL CORTESIS of RE/MAX LAKESHORE REALTY INC.
Data was last updated October 20, 2020 at 11:12 AM (UTC)
The enclosed information while deemed to be correct, is not guaranteed. |
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