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$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:52603)
MLS® Number | X9410939 |
Property Type | Business |
Community Name | 451 - Downtown |
Amenities Near By | Public Transit |
Features | Laundry- Coin Operated |
Parking Space Total | 4 |
Bathroom Total | 3 |
Bedrooms Total | 11 |
Basement Development | Partially Finished |
Basement Type | Full (partially Finished) |
Exterior Finish | Stucco |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 1662 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 96 Ft |
Size Frontage | 42 Ft |
Size Irregular | Unit=42 X 96 Ft |
Size Total Text | Unit=42 X 96 Ft|under 1/2 Acre |
Zoning Description | R3 |
(905) 688-4561
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